Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.

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 offensive on Ukraine weigh on the domestic economy.

The publication notes that even high-ranking Russian officials are publicly expressing concern about the real state of ...

Russia is financing its war in Ukraine through a covert strategy that poses significant risks to the country’s already ...

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, as well as ...

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

The U.S. president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions ...

Sanctions have hindered Russia's military capabilities by raising procurement costs, increasing reliance on allies and ...

Let’s get serious about economic warfare. Although the West has enacted a complex system of sanctions designed to punish Russia, the cracks are apparent. Just as he increased and tightened ...