The Latest Breaking News from Moscow

It is "foolish" to believe that Western sanctions against Russian businesses could have any effect on the Moscow government, Russian ex-president and deputy head of security council Dmitry Medvedev was quoted as saying on Friday. The sanctions will only consolidate the Russian society and not cause popular discontent with the…

Rolling coverage of the latest economic and financial news

It is "foolish" to believe that Western sanctions against Russian businesses could have any effect on the Moscow government, Russian ex-president and deputy head of security council Dmitry Medvedev was quoted as saying on Friday.

Move comes after Prime Minister Fumio Kishida announces steps to revoke Russia’s “most favoured nation” trade status.

Moscow signalled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists in the East as Ukrainian forces went on the offensive to recapture towns outside the capital Kyiv.

In just four weeks, more than 10 million people have been displaced as Russian shelling has destroyed several Ukrainian towns and cities

Ukraine war news from March 25: Russian general says Moscow will push to fully capture eastern region of Donbas.

Joe Biden says he did not issue threats to China’s Xi Jinping in call, but made ‘consequences’ of helping Moscow clear.

Russia's space director said on Thursday that Europe had wrecked cooperation by imposing sanctions against his agency, and rockets that were meant to launch European satellites would now be used for Russian companies or countries friendly to Moscow.