Three years after launching his “special military operation” in Ukraine, Russian President Vladimir Putin faces a looming ...

Ukraine's central bank raised the main interest rate to 14.5% to curb inflation, challenging economic recovery amid war with Russia. Inflation hit 12% in December, driven by rising costs and power ...

According to the sources, Putin is troubled by wartime economic challenges in Russia. In 2023 and 2024, Russia’s $2.2 trillion economy grew faster than those of the EU and the US, despite Western ...

Ukraine's National Bank (NBU) announced on Jan. 23 that it will raise the key policy rate from 13.5% to 14.5% per annum starting from Jan. 24, 2025.

Trump’s nominee to lead the Office of Management and Budget has refused to say Trump will follow the law that forbids him from blocking funds.

The Russian leader is reportedly facing growing pressure from Russia's elite to engage in peace talks to end the war.

Poland's foreign minister said Putin used to criticize the Soviet approach that helped bankrupt it, but now he's repeating the mistake.

It comes as new US President Donald Trump warned this week that Putin could expect “high levels of taxes, tariffs, and ...

Moscow responds to Trump ultimatum as 1,000 North Koreans killed in Kursk - Kremlin seeks to play down new Trump threat over ...

Russia's domestic economic operations have recently suffered due to labor shortages and high interest rates introduced to ...

Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle inflation, which has accelerated under record military spending.

Russia’s economy grew robustly over the past two years but domestic activity has become strained. Read more at ...