Inflation hasn't spared Russia. At his end-of-year press conference, Vladimir Putin himself acknowledged that inflation, a ...

Russia’s focus on armaments is draining its industrial base, straining companies vital to the economy. As the war in Ukraine ...

The Russian ruble was 110 to the U.S. dollar on Friday, and while this is not the lowest level it has reached in recent weeks ...

President Joe Biden plans to announce new sanctions on Russia, aiming to weaken its war economy ahead of President-elect ...

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

President Vladimir Putin’s invasion of Ukraine triggered an economic boom in Russia built on the back of government stimulus.

This is due to the inflationary effects of the depreciation, labour shortages and high government spending. It comes as Putin ...

Putin is dangerously close to having to choose between "guns and butter" if the war with Ukraine continues, a leading Russia ...