Putin is dangerously close to having to choose between "guns and butter" if the war with Ukraine continues, a leading Russia ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

Ukraine will quadruple gas transmission tariffs for domestic consumers from Jan. 1 to offset the impact of lost revenue ...

Raging inflation is being driven by the billions the Kremlin is pumping into military industries as its invasion of Ukraine ...

The tsarist Russian army, having exhausted the Prussians, was on the march and threatening Berlin. But then the unthinkable happened: Empress Elizabeth of Russia died, and her Prussophile successor, ...

Russian President Vladimir Putin on Thursday said that inflation is a problem in Russia and that the country’s economy is ...

The European Union should consider taking bolder steps such as confiscating frozen Russian central bank assets to compensate ...

Russia's natural-gas transit deal with Ukraine is set to expire soon, which would cut billions in revenue.

Ukraine’s foreign minister met with Syria’s de facto leader Ahmad al-Sharaa in Damascus on Monday, days after Kyiv announced ...

Moscow's well-off shoppers are still spoilt for choice when it comes to some luxury Western goods, traders and shoppers say ...

Foreign Minister Andrii Sybiha has called on the European Union to ban imports of liquefied natural gas from Russia in order ...