The Russian economy, driven by war expenditures and masking structural problems, is on the brink of stagnation. Although the ...

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

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

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

The presidents of Russia and Iran have signed a broad cooperation pact to deepen their partnership amid stinging Western ...

In the meantime, the war economy might also require price controls and rationing — the old Soviet sins. As the risk of a financial crash rises, Russia's imperiled economy is about to pose ...

Vladimir Putin is reportedly considering proposals to freeze Russian bank accounts and introduce food rationing in an attempt to prevent an economic collapse. Russians have been hit hard by rising ...

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

The treasury secretary nominee said he has no qualms about tightening sanctions against Russia and Russian energy products if Trump is in favor of doing so.

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

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 ...