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 ...

The Russian economy, fuelled by war expenditures and concealing structural issues, is on the verge of stagnation. Although ...

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

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

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

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

"Putin's government has not evinced visible concern that Russia's population might be cut in half by century's end," an ...

U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...

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.

After almost three years of waging war in Ukraine, Russia is feeling the full impact of its economic punishment from the West — and it could prompt the Kremlin to end the war in Ukraine as soon ...

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