June 1, may go down as one of the most significant days of this war. It may be a sign that the pendulum is at last swinging in Ukraine’s favour. The Russian Air Force has apparently just suffered a ...

The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.

“Russia has one of the lowest projected long-term growth rates and one of the highest levels of country risk in the world,” says Heli Simola, senior economist at the Bank of Finland in a blog post.

President Volodymyr Zelenskyy has stated that Russia will begin to feel the full economic impact of existing sanctions in ...

Moscow has expanded military recruitment and boosted weapons production. Peace could jeopardize the resulting economic gains.