Russia's budget deficit reached 3.69 trillion roubles ($46.89 billion), or 1.7% of gross domestic product (GDP), in the first ...

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 Russian economic engine is showing clear signs of exhaustion — a reality the Kremlin is beginning to acknowledge. The ...

Trump's new bill boosts ICE's budget to $30 billion annually, while the FBI faces a $545 million cut to $10.1 billion.

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

The continent is dedicated to research and cooperation, but proposed funding cuts in the Trump administration and actions by ...

Russia’s oil and gas revenues plummeted in June to their lowest level since January 2023, straining the country's war-driven ...

Russia has started requiring its citizens living in Kazakhstan to pay back taxes as it grapples with a steep budget deficit ...

Russia has warned that NATO’s rising defence budgets could backfire, as Moscow plans to cut its military spending next year ...

NASA was to supply some critical technologies for the mission, which Europe may not be able to readily replace.

President Vladimir Putin said Russia plans to cut defense spending, acknowledging growing strains on the budget even as he ...

NATO members pledged this week to spend 5% of GDP. The U.S. is lagging behind substantially.