While revenues did increase by 26%, this was not enough to offset Russia's staggering spending costs, exacerbated by the ongoing war with Ukraine.

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

President Donald Trump demanded Russian leader Vladimir Putin strike a deal to end the war in Ukraine or face tariffs on ...

Russia’s economic resilience is defying expectations, enabling the Kremlin to sustain its war efforts in Ukraine despite ...

Trump promised during his campaign that upon his return to the White House, he would swiftly end Russia's brutal invasion in ...

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

Russia claims it is withstanding the impact of sanctions. Sweden's finance minister said satellite images show a different ...

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

Two Russian energy giants are set to be sanctioned by the UK and US as the west piles more pressure on Vladimir Putin’s ...

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

A Russian disinformation campaign is seeking to boost the far-right Alternative for Germany (AfD), undermine mainstream ...

India faces another economic challenge as new US sanctions on Russian oil producers and tankers will impact imports, ...