The Latest Breaking News from Alexandra Prokopenko

"But the country has exhausted its reserves of manufacturing capacity and manpower."

“As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war.”

It’s been almost 18 months since Russia began its invasion of Ukraine and an end to the conflict between the two states seems no closer.

Annual event headlined by Vladimir Putin described as ‘totally toxic’ since full-scale invasion of Ukraine

In a new crackdown from Vladimir Putin's government top politicians and officials have been banned from leaving the country amid what's alleged to be further signs of paranoia over the ongoing war

Chinese and Russian leaders expected to double down on economic cooperation during three days of meetings in Moscow.

Yevgeny Prigozhin, known as "Putin's Chef" because of his company's origins in the catering business, now fields a mercenary army of 50,000. Its role in Ukraine is central to Russia's war effort.

The Chinese currency is popular because of the ‘toxicity’ of the dollar and euro for Russians, say experts.