News

Russia's oil and gas budget revenue falls by a third year-on-year in June
Russia's oil and gas revenue fell 33.7% year-on-year in June to 494.8 billion roubles ($6.29 billion), its lowest since ...
The Warning Signs for Russia’s Economy Are Flashing Red
A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.
The Moscow Times on MSN2d
Russia Sells Off More Foreign Currency from Wealth Fund to Bridge Budget Gap
Russia is increasing foreign-currency sales from the National Wealth Fund to address a growing budget deficit after oil and gas revenues plunged to their lowest level since January 2023. Russia’s ...
OilPrice.com3d
Russia’s Oil and Gas Revenues Dip to January 2023 Low
Russia’s oil and gas revenues plummeted in June to their lowest level since January 2023, straining the country's war-driven ...
Putin says Russia plans to cut military spending from next year
President Vladimir Putin said on Friday that Russia was looking to cut its military expenditure from next year, contrasting ...
Russia says NATO’s defence spending risks collapse of alliance
Russian Foreign Minister Sergei Lavrov predicts NATO's collapse due to increased defence spending, while Russia plans to cut ...
Arise News6d
Russia To Cut Defence Spending, Warns NATO’s Budget Surge May Trigger Alliance Collapse
Russia has warned that NATO’s rising defence budgets could backfire, as Moscow plans to cut its military spending next year ...
Lavrov Says NATO Spending Increase Won't Significantly Affect Russia's Security
MOSCOW (Reuters) -NATO's decision to increase defence spending will not significantly affect Russia's security, Foreign ...
Daily Times on MSN2d
Trump approves $8.6 billion for arctic icebreakers to counter Russia, China
President Donald Trump has approved a massive $8.6 billion budget to expand the U.S. Coast Guard's icebreaker fleet, aiming ...
Public Broadcasting Service (PBS)7d
News Wrap: Trump’s big budget bill advances in Senate
In our news wrap Sunday, the Senate began debating Trump’s tax and spending cuts bill as Republicans hope to pass it by July ...