Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale ...

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

The reality is that the financial underpinnings of Russia’s war economy increasingly look like a house of cards — so much so ...

Putin’s ultimate goal isn’t recreating empire or seeking war with NATO—it’s staying in power. In pressing for greater ...

Russia spent almost a quarter of the national wealth fund’s available reserves last year to keep the economy on a war footing ...

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

The Treasury Department announced Wednesday that it is amping up its sanctions against companies and entities involved in ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

Trump has an opportunity to emulate President Ronald Reagan who won the Cold War by breaking the Russian economy. The Russian ...

High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...

The measures constituted the broadest U.S. package of sanctions so far targeting Russia's oil and gas revenues.

In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.