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

Russia's international reserves were reported at $609.5bn as of January 3, a fall of $1.8bn from the previous week but up ...

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

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

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

The reality is that the financial underpinnings of Russia’s war economy increasingly look like a house of cards — so much so that senior members of the governing elite are publicly expressing concern.

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

After almost three years of waging war in Ukraine, Russia is feeling the full impact of its economic punishment from the West — and it could prompt the Kremlin to end the war in Ukraine as soon ...

The Treasury Department announced Wednesday that it is amping up its sanctions against companies and entities involved in ...

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

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 ...

Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” ...