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

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

The Russian economy has been financing a full-scale war against Ukraine for three years. Military spending has spun up the ...

After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a ...

The U.S. Treasury imposed sanctions on Gazprom Neft and Surgutneftegas, which explore for, produce and sell oil as well as ...

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.

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

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

Proceeds from oil and gas sales for Russia's federal budget in 2024 jumped by more than 26% to 11.13 trillion roubles ...

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...

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

Russia's military on Tuesday said it would retaliate against Ukraine after Kyiv attacked Russian regions by firing six ...