The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.

Russia’s economy has reached the limits of wage growth, according to Dmitry Belousov, deputy head of the Center for ...

Russia’s economy is slowing sharply, with the highest interest rates in two decades driving up debt levels as the world’s ...

RIGA - War and economic militarization in Russia have created a circle of politically and economically interested individuals who benefit from military action, and this will make it difficult to ...

Despite claims of success in Ukraine, new CSIS data shows that Russia is paying an extraordinary price for minimal gains, ...

Russia spent years building a massive reserve of foreign currency to shield itself from economic shocks. But when the West ...

These cases point to a general pattern. Economic pressure tends to matter in war only when it triggers one of three outcomes: the collapse of a state’s capacity to fight, the fragmentation of the ...

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 war economy is fully devoted to the struggle in Ukraine—giving the Kremlin few resources for long-term projects like a sixth-gen fighter jet.

"The Russian people are increasingly feeling the effects of the Kremlin's continued prioritization of the Russian defense ...

The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and ...