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 ...
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 ...
The presidents of Russia and Iran have signed a broad cooperation pact to deepen their partnership amid stinging Western ...
The reality is that the financial underpinnings of Russia’s war economy increasingly look like a house of cards — so much so ...
Lithuania’s president says his country has made the decision to raise its spending on defense to between 5% and 6% of overall ...
Scott Bessent to say at his confirmation hearing that Donald Trump has opportunity to unleash “new economic golden age.” ...
Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale offensive on Ukraine weigh on the domestic economy. The Kremlin has ...