Russia's key interest rate was raised to 21% in October, but that might not be an effective tool in fighting inflation, a top ...

However, falling energy prices and tighter sanctions in 2023 caused a drop in Russia’s export revenue. The G7 countries, the ...

A top Russian banker said last week that he expects Russia's economic growth to slow next year.

Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...

Russia's newly approved budget reveals a record-high allocation for defense spending, signaling an intensified commitment to ...

The measures that urgently need to be undertaken include making improving updates to the oil price cap mechanism, blocking ...

By Ben Aris in Berlin Russian businesses are still actively taking out floating rate loans, despite the sky-high cost of ...

US announces $725M for Kyiv with seven weeks left for Biden; Kremlin boosts military spending to 33% of budget as economy ...

Former German Chancellor Angela Merkel recalled first meeting Trump at the White House in 2017. Sitting by the famous ...

Sanctions against Russia and its allies must be strengthened to cripple the Russian war machine more effectively, with ...

On November 28, members of the Abkhazian parliament adopted a resolution on setting an early presidential election for February 15, 2025 ...

The November 17 attack was the tenth large-scale attack on Ukraine’s energy system in 2024. The previous attack, on August 26 ...