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 ...

Ukraine continues to cripple Russia's energy sector by hitting numerous oil refineries, depots, chemical plants, and more ...

After almost three years of waging war in Ukraine, Russia is feeling the full impact of its economic punishment from the West ...

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

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

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

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

Reliance on Russia’s military offerings has become increasingly prevalent in parts of Africa, amid an aggressive push by ...

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 ...