The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.

The Russian economy continues to falter as numerous industries suffer as a result of Western sanctions. This week, it was reported that Russian oil and gas revenues, vital for the economy, fell by a ...

A slowdown in Russia’s defense and energy sectors is weighing on the country’s war economy. Oil and gas revenues have fallen ...

Analysts surveyed by Interfax at the end of December forecasted Russian GDP growth in 2025 at 0.9%, which is somewhat lower than the September forecast of the Economic Development Ministry (1.0%) and ...

RIGA - War and economic militarization in Russia have created a circle of politically and economically interested individuals who benefit from military action, and this will make it difficult to ...

President Donald Trump made a bargain with India this week that introduced a simple calculus.

Russia’s economy is slowing sharply, with the highest interest rates in two decades driving up debt levels as the world’s ...

Russia continuously upgrades its Geran (Shahed) drones to beat Ukrainian defenses, but rising costs now exceed cheap ...

The share of Russian companies that view the domestic economy positively fell to just 4% in January, a sharp drop from 14% in ...

These cases point to a general pattern. Economic pressure tends to matter in war only when it triggers one of three outcomes: the collapse of a state’s capacity to fight, the fragmentation of the ...

The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and ...