The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.
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, ...
Add Yahoo as a preferred source to see more of our stories on Google. Russian President Vladimir Putin is moving to extract more taxes as the country's wartime economy falters. Consumers and tech face ...
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 ...
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 ...
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Yerzhan Tokbolat does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...