Inflation in Ukraine accelerated to 12% in 2024, exceeding forecasts made by the country's National Bank, Ukraine's statistics service Derzhstat announced on Jan. 10. The Ukrainian economy has undergone harsh conditions with the onset of Russia's full-scale invasion of Ukraine in 2022.

Donald Trump has offered a rare criticism of Russian president Vladimir Putin as he expressed hopes for a deal to end the war in Ukraine.Speaking to reporters in the White House, the US president said: “I think Russia is going to be in big trouble.

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

Donald Trump just claimed Vladimir Putin is “destroying Russia ” by not making a peace deal with Ukraine. Speaking to the media after his inauguration on Monday, the US president hit out at the Russian leader for dragging out the war.

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.

Exclusive: Ahead of Monday's inauguration, Lord Ashcroft reveals just how the 47th President of the UK might bring war to an end in Europe

After almost three years of waging war in Ukraine, Russia is feeling the full ... according to a draft budget viewed by Bloomberg. Russian inflation is also soaring, with consumer prices rising ...

Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale offensive on Ukraine weigh on the domestic economy. The Kremlin has ...

Alexandra Prokopenko is a Fellow at the Carnegie Russia Eurasia Center in Berlin. She worked at Russia’s central bank until early 2022.

Trump promised during his campaign that upon his return to the White House, he would swiftly end Russia's brutal invasion in Ukraine.

Donald Trump is set to be sworn in Monday for a second term as president after running on a very long and varied list of campaign promises last year. And if you believe he means to keep them, then ...

Russia says it's withstanding the impact of sanctions. Sweden's finance minister says satellite images show a different story.