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 ...

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

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 ...

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

It comes as Chinese companies, such as including Cnooc, Shandong Yulong Petrochemical Co and Jiangsu Eastern Shenghong Co, ...

American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.

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

A Chinese company is reportedly set to buy a "loss-making" mine in Russia as entrepreneurs from the country start buying up ...