Russian Federation is a transcontinental country encompassing one-eighth of Earth's inhabitable landmass. Russia extends across eleven time zones and shares boundaries with fourteen countries. Moscow, the largest city. Saint Petersburg is Russia's cultural centre and second-largest city. Other major urban areas include Novosibirsk, Yekaterinburg, Nizhny Novgorod, and Kazan. The East Slavs emerged as a recognisable group in Europe between the 3rd and 8th centuries CE.
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Economy:
It has gradually transformed from a planned economy into a mixed market-oriented. It has enormous natural resources, particularly oil and natural gas.The sector accounted up to roughly 40% of Its federal budget revenues, and up to 60% of its exports in 2019. It has one of the lowest external debts among major economies, although its inequality of household income and wealth remains comparatively high. Following the Russian invasion of Ukraine in 2022, It has faced several sanctions
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russia
