Russia has tripled its projected budget deficit for 2025 amid a sharp drop in oil revenues, driven by Western sanctions and ...

The West, and especially the United States, holds economic levers that could push Vladimir Putin toward serious negotiations ...

MOSCOW (Reuters) - Russia's budget deficit remained flat at 0.5% of gross domestic product (GDP) in June, the same as in May, as growth in non-oil and gas revenues offset spending, the finance ...

(Reuters) -Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry said on Monday, with both spending and revenue rising sharply ...

The Russian economy is continuing to tank as it hemorrhages money trying to maintain Vladimir Putin's war effort against Ukraine. In 2024, the country's deficit was in excess of three trillion ...

Russia’s war economy is under rising internal pressure. With growth slowing and diplomacy stalled, Putin may soon face a ...

MOSCOW (Reuters) -Russia’s budget deficit is projected to be 1.5% of gross domestic product (GDP) in 2025, three times the government’s target, as the country prepares for a prolonged period ...

MOSCOW (Reuters) -Russia ran a budget deficit of 3.2 trillion roubles ($39.6 billion), or 1.5% of gross domestic product, in the first four months of the year, the finance ministry said on ...

was perhaps less the situation at the front line and more the nationwide deficit of air defense, missile defense, versus the growing threat posed by the Russian strike campaign. Over the course of ...

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...