Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. Its figures are, if not rosy, not ruinous either. Last year, the war economy likely grew ...

Sweden’s finance minister has raised scepticism about Russia’s official figures describing the state of the Russian economy, arguing that the inflation figures from its central bank are an ...

Nearly three years after Russia invaded Ukraine, Vladimir Putin’s economy is entering a critical phase as inflation, shortages, and shrinking cash reserves constrain his war effort soon ...

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...

Car dealerships in Russia are closing in their hundreds as the country's economic crisis continues to deepen. Late last year, the Russian Central Bank raised interest rates to a record high of 21% ...

European Union leaders gather on Monday to discuss how to bolster the continent's defenses against Russia and how to handle ... to rule out military action or economic pressure to force ...

Russia's latest economic figures show it had a strong 2024. But economists are suspicious, believing its data don't stand up to scrutiny and is inflated. This week, Trump threatened high tariffs and ...

Trump emphasized that Russia’s economy is under strain and urged Putin to negotiate, stating that failure to do so would compel the U.S. to enact severe economic penalties. “I’m going to do ...

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. Its figures are, if not rosy, not ruinous either. Last year, the war economy likely grew faster than ...

The US has been piling sanctions on the Russian economy since Russia launched an all-out invasion of Ukraine in February 2022. Washington and its Western allies have also provided tens of billions ...