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 ...

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

Vladimir Putin’s war efforts have hit a humiliating low as some estimates reveal he has lost around 800,000 men in Ukraine ...

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

Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” ...

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.

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

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

American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.

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