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 ...

Russia spent almost a quarter of the national wealth fund’s available reserves last year to keep the economy on a war footing ...

In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.

Putin’s ultimate goal isn’t recreating empire or seeking war with NATO—it’s staying in power. In pressing for greater ...

After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a ...

The U.S. Treasury imposed sanctions on Gazprom Neft and Surgutneftegas, which explore for, produce and sell oil as well as ...

The reality is that the financial underpinnings of Russia’s war economy increasingly look like a house of cards — so much so that senior members of the governing elite are publicly expressing concern.

Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” ...

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

Proceeds from oil and gas sales for Russia's federal budget in 2024 jumped by more than 26% to 11.13 trillion roubles ...

Russia’s economy is expected to cool down in 2025 after leaving a year fighting inflation behind. The Russian economy is estimated to have wrapped up 2024 with a 3.9% growth, according to data ...