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

Any Russian weapon will not be able to fly without foreign components. In general, sanctions are working and harming Russia's ...

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

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

Russia's largest lender Sberbank on Friday reported record annual profits of 1.56 trillion roubles ($15.22 billion)for 2024, ...

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

Iranian President Masoud Pezeshkian has arrived in Russia for the signing of a broad cooperation treaty as his country grapples with growing economic problems and other challenges.

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

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

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.

Scott Bessent to say at his confirmation hearing that Donald Trump has opportunity to unleash “new economic golden age.” ...

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