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 ...

Russia's largest lender Sberbank on Friday reported record annual profits of 1.56 trillion roubles ($15.22 billion)for 2024, ...

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...

Russian President Vladimir Putin is hosting his Iranian counterpart President Masoud Pezeshkian for the signing of a broad ...

Vladimir Putin’s war efforts have hit a humiliating low as some estimates reveal he has lost around 800,000 men in Ukraine ...

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.

U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

The amount of Russia's military spending that is funded through a shadow financing scheme could be equal to its official ...

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

Ukraine's gross domestic product growth is expected to slow to 2.7% this year from probably around 3.6% in 2024, a deputy ...