The Russian economy, driven by war expenditures and masking structural problems, is on the brink of stagnation. Although the ...

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

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...

Russian President Vladimir Putin is hosting his Iranian counterpart President Masoud Pezeshkian for the signing of a broad ...

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.

The treasury secretary nominee said he has no qualms about tightening sanctions against Russia and Russian energy products if Trump is in favor of doing so.

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

Vladimir Putin’s war efforts have hit a humiliating low as some estimates reveal he has lost around 800,000 men in Ukraine ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...