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 ...

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

It comes as Chinese companies, such as including Cnooc, Shandong Yulong Petrochemical Co and Jiangsu Eastern Shenghong Co, ...

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

After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a ...

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 Department announced Wednesday that it is amping up its sanctions against companies and entities involved in ...

The U.S. Treasury imposed sanctions on Gazprom Neft and Surgutneftegas, which explore for, produce and sell oil as well as ...

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.” ...

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