Russia has fired hundreds of soldiers for a "loss of trust" as country's economy wanes from drawn out battle in Ukraine.

Russian President Vladimir Putin has approved a record-breaking defense budget, setting aside a staggering third of the ...

Russian President Vladimir Putin has signed off a federal budget that will boost defense spending to a record level next year ...

Sanctions against Russia, combined with widespread corruption, labour shortages, the costs of the war in Ukraine and the ...

Squeezed by Western sanctions and soaring interest rates, Russia’s businesses fear bankruptcies as President Vladimir Putin ...

Russia’s spending on “national defense” reached an unprecedented $43 billion in the third quarter of 2024, The Moscow Times ...

Vladimir Putin has signed off record amounts of defence spending for Russia. The Kremlin has signed off new budget plans, ...

MOSCOW. Dec 9 (Interfax) - Russia executed the federal budget at a deficit of 389 billion rubles, or 0.2% of GDP, in January-November 2024, according to the Finance Ministry's preliminary data ...

Russia is cracking down amid Kremlin fears systemic corruption is fuelling a rise in the cost of Vladimir Putin's war in Ukraine.

According to Kommersant, the Russian government has begun to fulfil its obligations to coordinate its budget policy with the CBR‘s efforts to fight inflation. The Finance Ministry intends to cap ...

MOSCOW - Russian President Vladimir Putin has approved a military focused budget for 2025-2027, a document published on the official legal acts website showed on Sunday. The state budget for next ...

Analysts with the Institute for the Study of War (ISW) think tank foresee that the growing economic pressure on Russia due to ...