Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the start of the 1980s.
Russia's inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by 0.33% in the week leading up to Dec. 23, the statistical agency Rosstat reported on Wednesday.
Moscow again struck Ukraine’s energy infrastructure, part of an effort to wear down the country. “In the trenches, there are no holidays,” one man said.
More than 30 passengers are dead after an Azerbaijan Airlines flight crashed near the city of Aktau in Kazakhstan on Wednesday, reports say.The Embraer 190 passenger jet flying from Azerbaijan to Russia had 62 passengers and five crew on board,
Pope Francis has called for negotiations between Ukraine and Russia to end the war triggered by Russia's invasion of Ukraine in 2022. In his traditional Christmas Day address, the Pope said "boldness [was] needed to open the door" to dialogue "in order to achieve a just and lasting peace" between the two sides.
A Russian court case involving a compensation claim against Austria's Raiffeisen Bank International (RBI) will continue in the second half of January, judicial authorities and the lender said on Wednesday.
Russia's friends — or frenemies — aren't all pariah states. Some of them enjoy good relations with the West, too.
Russia is ready to continue gas exports to Europe through several routes just as a contract to transit the fuel via Ukraine is expected to end this year, Deputy Prime Minister Alexander Novak said.
The newly discovered memo, written in March 1994 by Wayne Merry, chief of the U.S. Embassy’s internal politics division at the time, didn’t make the same impact as Kennan’s for two reasons. First, Merry did not go public.
Pope Francis appealed for weapons to be laid down in global conflicts and for the reconciliation between enemies in a Christmas Day message.
When Russia's invasion of Ukraine stymied his travel plans, photographer Carl De Keyzer decided to take a virtual trip instead, creating a series of AI-generated images. He was unprepared for the consequences.