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

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

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

Russia's military on Tuesday said it would retaliate against Ukraine after Kyiv attacked Russian regions by firing six ...

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

High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...

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.

The measures constituted the broadest U.S. package of sanctions so far targeting Russia's oil and gas revenues.

The Russian government relies mainly on profits from the export of raw materials, particularly oil, making sanctions against ...

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 ...

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...

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 ...