The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over ...

In March 2022, as Russia's invasion of Ukraine was unfolding, U.S. President Joe Biden said that Western sanctions were ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

In 2024, the economy reached its limit and is unlikely to improve. Although in 2025 war production will continue to drive GDP ...

Raging inflation is being driven by the billions the Kremlin is pumping into military industries as its invasion of Ukraine ...

Russia's natural-gas transit deal with Ukraine is set to expire soon, which would cut billions in revenue.

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

The European Union should consider taking bolder steps such as confiscating frozen Russian central bank assets to compensate ...

The tsarist Russian army, having exhausted the Prussians, was on the march and threatening Berlin. But then the unthinkable happened: Empress Elizabeth of Russia died, and her Prussophile successor, ...

Squeezed by Western sanctions and soaring interest rates, Russia’s businesses fear bankruptcies as President Vladimir Putin pushes ahead with the Ukraine war.

The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Putin said, ...

Ukraine will quadruple gas transmission tariffs for domestic consumers from Jan. 1 to offset the impact of lost revenue ...