Inflation in Ukraine accelerated to 12% in 2024, exceeding forecasts made by the country's National Bank, Ukraine's ...

Inflation in Ukraine climbed to 11.2% year-on-year in November 2024, surpassing the National Bank of Ukraine’s (NBU) earlier ...

Russia has hiked defence spending to a post-Soviet high of 6.3% of GDP this year, accounting for a third of budget ...

Alexandra Prokopenko is a Fellow at the Carnegie Russia Eurasia Center in Berlin. She worked at Russia’s central bank until ...

Donald Trump just claimed Vladimir Putin is “destroying Russia ” by not making a peace deal with Ukraine. Speaking to the ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Russia recorded in 2024 a budget deficit exceeding three trillion rubles for the third consecutive year, soaring to 3.49 trillion rubles ($34.39 billion), according to the country's finance ministry.

The incoming Trump administration doubtless wants a strong hand to begin negotiating with Russia on peace with Ukraine.

Exclusive: Ahead of Monday's inauguration, Lord Ashcroft reveals just how the 47th President of the UK might bring war to an ...

After almost three years of waging war in Ukraine, Russia is feeling the full ... according to a draft budget viewed by Bloomberg. Russian inflation is also soaring, with consumer prices rising ...

Russia's central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin's war against Ukraine.