Russia's economy is reeling from the effects of Western sanctions and the huge costs of financing Putin's war in Ukraine.

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a ...

Russia’s economy has continued to lose momentum for the third consecutive quarter, according to new data from the Economic Development Ministry. The ministry estimated that GDP grew by just 0.6% ...

The invasion of Ukraine is becoming a long-range missile war, as both sides seek military advantage away from the ...

U.S. Treasury Secretary Scott Bessent said that Vladimir Putin’s envoy Kirill Dmitriev is a Russian propagandist who lies ...

Hungarian Prime Minister Viktor Orban seeks to persuade US President Donald Trump to exempt Hungary from new US sanctions on ...

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation, ...

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have ...

The impact of President Donald Trump’s attempt to financially choke Moscow’s war machine by imposing sanctions on Russian oil firms was instant; not on the battlefield in Ukraine, but in the offices ...

The Trump administration announced sanctions targeting Russian oil firms that affect foreign buyers like Hungary.

Hungarian Prime Minister Viktor Orban said he saw little scope for accelerated economic growth before Russia’s war on Ukraine ...