One of the cornerstones of Russia's economy is under significant strain, with a dramatic collapse in net profit and a ...

China's absence from a key forum raises eyebrows. Nations feel pressure from US tariffs and Chinese goods. Europe offers ...

Kherson region. Late on May 18, Russian shelling of residential areas in Ukraine’s southern oblast, or region, of Kherson, ...

The 1998 crisis worsened the situation, as a global recession and falling commodity prices led to fiscal imbalances and ...

ABC News’ Senior White House Correspondent Selina Wang reports on the legal challenges Trump’s tariffs have faced.

The following is the May 28, 2025 Congressional Research Service In Focus report, Russian Military Performance and Outlook.

Mr. Putin has played down these challenges ... which finances about 40 percent of Russia’s government budget, is already hurting its war economy. The Ministry of Finance this month more than ...

European leaders travelled to Asia with a key message this week: they must work more closely together to preserve the ...

Following the 2022 invasion of Ukraine, many foreign companies withdrew from Russia due to legal and political changes ...

Finance ministers and central bank governors from the Group of Seven (G7) nations agreed to jointly tackle global economic ...

Microsoft Russia has announced that it plans to file for bankruptcy. It joins a list of other Western technology companies ...