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 ...

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

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

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.” ...

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

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...

Russia's total military spending far exceeds its budget capabilities and could lead to the collapse of corporations and banks ...

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

While Western sanctions have targeted Russia's economy and military production, loopholes have allowed Moscow to largely ...

High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...