Russia says it's withstanding the impact of sanctions. Sweden's finance minister says satellite images show a different story ...

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

Moscow responds to Trump ultimatum as 1,000 North Koreans killed in Kursk - Kremlin seeks to play down new Trump threat over ...

The Russian economy looks unable to sustain President Vladimir Putin’s war on Ukraine past next year, but an end to the fighting could also pose an existential threat to his regime, according to ...

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 ...

Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank ...

The civilian economy that has been sacrificed is unable to provide a supply of useful goods that would balance and tie up demand. Since June 2024, Russia has officially reported a cessation of growth ...

Russia’s economic resilience is defying expectations, enabling the Kremlin to sustain its war efforts in Ukraine despite mounting challenges, and raising doubts about hopes for a swift resolution.

Sweden uses nighttime satellite photos to gauge Russia's economic health, its economic minister said. Elisabeth Svantesson said the inflation figures from Russia's central bank were an understatement.