During his December 2025 year-end press conference, Russian President Vladimir Putin acknowledged Russia's economic slowdown, ...
About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.
Even as President Donald Trump insists Russia has the upper hand in its war against Ukraine, economists say the country’s position is weaker than ever because the Kremlin has burned through most of ...
Russia's crucial oil and gas revenues, which have sustained its war against Ukraine, have suddenly dwindled to multi-year lows as the fourth anniversary of the full-scale invasion approaches. This ...
The Kremlin’s financial situation is becoming increasingly dire and could come to a head in a matter of months as oil revenue shrinks while President Vladimir Putin shows no intention of ending his ...
As Moscow's full-scale invasion of Ukraine marks four years, the pressure on Russia's economy is starting to show.