Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale ...

About half of Russia's military budget is off the books, according to Craig Kennedy, a former Morgan Stanley investment ...

The reality is that the financial underpinnings of Russia’s war economy increasingly look like a house of cards — so much so ...

Putin’s ultimate goal isn’t recreating empire or seeking war with NATO—it’s staying in power. In pressing for greater ...

The Russian economy, fuelled by war expenditures and concealing structural issues, is on the verge of stagnation. Although ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...

The measures constituted the broadest U.S. package of sanctions so far targeting Russia's oil and gas revenues.

The US is tightening the screws on one of the key pillars of Russia's wartime economy: its energy business. The US said it would join the United Kingdom in imposing wider-sweeping sanctions ...

Russia’s economy is expected to cool down in 2025 after leaving a year fighting inflation behind. The Russian economy is estimated to have wrapped up 2024 with a 3.9% growth, according to data ...

Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...