“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.

Ukraine’s allies must double down — including with the EU’s promised €90bn loan, Britain and Sweden’s finance ministers write ...

About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.

The Russian economy is stuck in what might be described as negative equilibrium: holding itself together while steadily destroying its own future capacity. Export revenues are falling, and economic ...

In July, Russia collected 787.3 billion rubles, or $9.8 billion, from oil and gas revenue — 27% lower than a year ago.

BERLIN, March 4 (Reuters) - Germany's intelligence service on Wednesday accused Moscow of hiding the true cost of the war in Ukraine, saying Russia's budget deficit in 2025 was more than 2.36 trillion ...

Russia's crucial oil and gas revenues, which have sustained its war against Ukraine, have suddenly dwindled to multi-year lows as the fourth anniversary of the full-scale invasion approaches. This ...

The Kremlin’s financial situation is becoming increasingly dire and could come to a head in a matter of months as oil revenue shrinks while President Vladimir Putin shows no intention of ending his ...

In the early hours of February 24 2022, standing on the freezing roof of a hotel in Kyiv, the idea that Russia would launch a full-scale assault on Ukraine, despite a troop buildup on the border, ...

Those systems and a limited supply of Patriot interceptor missiles will now be tied up for as long as Tehran continues or ...