About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.

Russia’s economy is stuck in what might be described as negative equilibrium: holding itself together while steadily destroying its own future capacity,” she wrote. The eco ...

Strikes by Israel and the United States on Iran raise risks to India’s oil imports via the Strait of Hormuz, increasing price ...

The Russian economy, fueled by the country's military-industrial complex, had long posted growth rates above the European average. Today, however, the country's economic indicators are all in the red.

Vladyslav Vlasiuk has spent the past four years pressing Western allies to squeeze the Russian economy through more sanctions. He hopes that 2026 will be the tipping point.

India faces a massive economic challenge as the West Asia conflict puts the Strait of Hormuz—the route for 50% of India's crude and 54% of its LNG—at the center of a global oil shock.

As Moscow's full-scale invasion of Ukraine marks four years, the pressure on Russia's economy is starting to show.

Kremlin spokesman Dmitry Peskov admitted on Thursday that Russia's revenues from energy resource sales declined by half compared to 2025. Speaking at a press briefing in Moscow, Peskov argued that the ...

Ukraine's economy is enduring its toughest period since the early months of Russia's invasion after sustained air strikes ...

A deserted cafe and petrol station near the Niirala border crossing to Russia shows how life has been on hold since Finland ...

The top priority of the new plan is Ukraine’s longstanding goal of “closing the sky” by building an air defence system capable of countering Russian missiles and drones. Fedorov on Tuesday said Kyiv ...