Inflation in Ukraine accelerated to 12% in 2024, exceeding forecasts made by the country's National Bank, Ukraine's ...

Alexandra Prokopenko is a Fellow at the Carnegie Russia Eurasia Center in Berlin. She worked at Russia’s central bank until ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

DEEP DIVE — Nearly three years into its costly war against Ukraine, Russia’s economy is faltering under the strain of ...

Donald Trump just claimed Vladimir Putin is “destroying Russia ” by not making a peace deal with Ukraine. Speaking to the ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Russia recorded in 2024 a budget deficit exceeding three trillion rubles for the third consecutive year, soaring to 3.49 trillion rubles ($34.39 billion), according to the country's finance ministry.

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 ...

After almost three years of waging war in Ukraine, Russia is feeling the full ... according to a draft budget viewed by Bloomberg. Russian inflation is also soaring, with consumer prices rising ...