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

Russia spent nearly a quarter of the reserves from its National Wellbeing Fund to sustain the economy during wartime and ...

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

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

The reality is that the financial underpinnings of Russia’s war economy increasingly look like a house of cards — so much so that senior members of the governing elite are publicly expressing concern.

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

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

British Prime Minister Keir Starmer concluded a "landmark 100-year" security and economic partnership with Ukrainian ...

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

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 ...

Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” ...

While Western sanctions have targeted Russia's economy and military production, loopholes have allowed Moscow to largely ...