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

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

Two Russian energy giants are set to be sanctioned by the UK and US as the west piles more pressure on Vladimir Putin’s ...

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

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.

After almost three years of waging war in Ukraine, Russia is feeling the full impact of its economic punishment from the West — and it could prompt the Kremlin to end the war in Ukraine as soon ...