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

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

After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a ...

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

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

While Western sanctions have targeted Russia's economy and military production, loopholes have allowed Moscow to largely ...

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

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.

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...