The Ukrainian economy has undergone harsh conditions with the onset of Russia's full-scale invasion of Ukraine in 2022. Following the start of the invasion, inflation skyrocketed to 26.6% in 2022 ...

"As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war." ...

Ukraine's central bank raised the main interest rate to 14.5% to curb inflation, challenging economic recovery amid war with ...

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this ...

Ukraine's National Bank (NBU) announced on Jan. 23 that it will raise the key policy rate from 13.5% to 14.5% per annum ...

The incoming Trump administration doubtless wants a strong hand to begin negotiating with Russia on peace with Ukraine.

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Still, Putin refrained from giving a concrete outlook on the war in Ukraine, or the path of the Russian economy going forward. He also did not mention Russia's inflation struggles, one of the ...

The annual inflation rate was only 1.9% during ... On Biden's watch, Russia invaded Ukraine, Hamas attacked Israel, the United States bungled its withdrawal from Afghanistan and military alliances ...

Russia recorded in 2024 a budget deficit exceeding three trillion rubles for the third consecutive year, soaring to 3.49 trillion rubles ($34.39 billion), according to the country's finance ministry.