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 ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

Ukraine's Foreign Minister Andrii Sybiha has emphasized the need to strengthen sanctions to further weaken Russia's economy, ...

The Russian economy, driven by war expenditures and masking structural problems, is on the brink of stagnation. Although the ...

Ukraine's gross domestic product growth is expected to slow to 2.7% this year from probably around 3.6% in 2024, a deputy ...

Ukraine aimed to challenge the self-imposed red lines set by the Biden administration and other Western leaders regarding its ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

Vladimir Putin’s war efforts have hit a humiliating low as some estimates reveal he has lost around 800,000 men in Ukraine ...

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...