Russia's key interest rate was raised to 21% in October, but that might not be an effective tool in fighting inflation, a top ...

The chancellor has said she will not need to raise taxes to "top up" public spending, after facing pressure to spell out her ...

The November 17 attack was the tenth large-scale attack on Ukraine’s energy system in 2024. The previous attack, on August 26 ...

On November 28, members of the Abkhazian parliament adopted a resolution on setting an early presidential election for February 15, 2025 ...

Russia's newly approved budget reveals a record-high allocation for defense spending, signaling an intensified commitment to ...

"All the initiatives will be considered in the near future at the meeting of the Presidential Council for Strategic Development and National Projects," Mikhail Mishustin said ...

However, falling energy prices and tighter sanctions in 2023 caused a drop in Russia’s export revenue. The G7 countries, the ...

President Prabowo Subianto has stated that Indonesia must not only pursue self-sufficiency in rice, he also wants the same ...

Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...

"Putin has to be convinced that it's going to be too costly for Russia to continue," ex-U.S. ambassador to NATO Kurt Volker ...

A top Russian banker said last week that he expects Russia's economic growth to slow next year.

The measures that urgently need to be undertaken include making improving updates to the oil price cap mechanism, blocking ...