Russia's total military spending far exceeds its budget capabilities and could lead to the collapse of corporations and banks ...
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...
In March 2022, as Russia's invasion of Ukraine was unfolding, U.S. President Joe Biden said that Western sanctions were ...
It’s not clear yet how President-elect Donald Trump, who has been skeptical of U.S. support for Ukraine, will approach the ...
The Russian economy is struggling, and that is likely to increase pressure on President Vladimir Putin for peace negotiations ...
The Biden administration has imposed some of its toughest sanctions yet on Russia, in a move designed to hit Moscow's energy ...
This is due to the inflationary effects of the depreciation, labour shortages and high government spending. It comes as Putin ...
Russia’s war economy, now in its third year, is facing mounting challenges, including rising inflation, labor shortages, and growing economic imbalances. While these issues strain the civilian economy ...
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.
Inflation hasn't spared Russia. At his end-of-year press conference, Vladimir Putin himself acknowledged that inflation, a ...