Russia’s regional finances are deteriorating rapidly as the costs of the war in Ukraine continue to mount. New figures show local governments across the country facing record deficits amid weakening ...

Four years after Vladimir Putin ordered an invasion of Ukraine, Russia’s economy has entered a “death zone,” said Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center. In a recent ...

Kremlin officials said the American move, which Europe opposes, showed that Moscow could not be dislodged from the center of global energy markets.

On January 19, Russia’s Ministry of Finance published a report assessing the country’s federal budget execution in 2025. The document found that Russia ran a federal budget deficit equal to 2.6% of ...

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was ...

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Despite claims of battlefield momentum in Ukraine, the data shows that Russia is paying an extraordinary price for minimal gains and is in decline as a major power. Since February 2022, Russian forces ...

The relationship between China and Russia following the war in Ukraine will fulfill several functions depending on the specific conclusion of the war and the stability of the Russian regime. Russia ...

According to Dmitry Peskov, Kirill Dmitriev is on a separate track with the working group on economic cooperation, which remains active MOSCOW, February 16. /TASS/. Kirill Dmitriev, special ...

Russian Deputy Foreign Minister Alexander Grushko says that Europre sees militarization of the economy as a driver of economic growth MOSCOW, February 9. /TASS/. The European Union is becoming ...