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

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 ...

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

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 ...

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

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

U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...

Trump has an opportunity to emulate President Ronald Reagan who won the Cold War by breaking the Russian economy. The Russian ...

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