In a note to clients, Capital Economics said it now expects the key rate to end this year at 17%, rather than 18% previously. But it continues to expect the key rate to be 12% at the end of 2026, an ...

The Bank of Russia cut its key rate to 20% from 21%, and said it sees the economy returning to a more "balanced" growth path after a surge in activity and prices as workers and other resources were ...

Amid feud, do Republicans heed Trump or Musk? Tariffs bear down on trade Trump: Ukraine, Russia “children on a playground” ...

Russia has kept up the flow of men to fight in Ukraine by paying extraordinarily high wages and bonuses. Now some regions are ...