While Russia has not yet been forced into submission, there is a strong argument that Western financial sanctions are indeed ...

Small and informal groupings are becoming the diplomatic vehicles of choice in a polarized world, writes Charles A. Kupchan.

U.S. President Donald Trump will arrive Sunday for a Group of Seven summit in a country he has suggested should be annexed and as he wages a trade war with America’s longstanding allies. Here’s what ...

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...

Russia’s economy continues to suffer under the weight of Western sanctions imposed since the start of the war in Ukraine, with signs that the black market is surging and counterfeit goods are flooding ...

MOSCOW, June 11. /TASS/. Annual inflation in Russia surged to 9.71% from June 3 to 9, 2025, compared to 9.66% a week earlier, the Ministry of Economic Development said in its review.

Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...

NATO Secretary General Mark Rutte said the alliance needs to urgently step up its weapons production.

"In Russia, growth rose to 4.3% in 2024, supported by solid growth in manufacturing activity, particularly in military-related and import-substituting industries," the World Bank said ...

A Russian economist has warned that the country may slide into "stagflation" by the end of the year if its leaders don't take ...