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

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

Yet, everything suggests that Russia is in a tight economic situation, which is likely to lead to minimal growth in 2025. In ...

Figures shared by the Ministry of Defence (MoD) earlier that week, attributed to the General Staff of the Ukrainian Armed ...

Lithuania’s president says his country has made the decision to raise its spending on defense to between 5% and 6% of overall ...

The Central Bank of Russia has taken to Telegram to publicly dismiss rumors that its citizens' bank deposits may be frozen. The bank wrote in a Telegram post on Monday that the idea that retail ...

Russia is financing its military spending through a shadow plan that poses a "seismically disruptive" threat to an economy already buffeted by high inflation and interest rates, according to an ...

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

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

In testimony, Scott Bessent said the U.S. must secure vulnerable supply chains, and levy sanctions to address national ...

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 ...