About half of Russia's military budget is off the books, according to Craig Kennedy, a former Morgan Stanley investment ...

Vladimir Putin is reportedly considering proposals to freeze Russian bank accounts and introduce food rationing in an attempt ...

Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale ...

Previous sanctions on Russian gas have already made the price of the vital resource shoot up, making the EU reluctant to cut ...

The Russian economy has been financing a full-scale war against Ukraine for three years. Military spending has spun up the ...

The amount of Russia's military spending that is funded through a shadow financing scheme could be equal to its official ...

The U.S. Treasury imposed sanctions on Gazprom Neft and Surgutneftegas, which explore for, produce and sell oil as well as ...

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.

Russia's total military spending far exceeds its budget capabilities and could lead to the collapse of corporations and banks ...

Proceeds from oil and gas sales for Russia's federal budget in 2024 jumped by more than 26% to 11.13 trillion roubles ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...

High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...