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

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.

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 cost of butter rose by 36 percent over 2024,

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

From reducing inflation to cutting spending painlessly to immediately ending Russia’s war with Ukraine, the president-elect is waging a quiet tactical retreat.

Eastern European nations confronting a plethora of economic threats fuelled by war on their doorstep may face fresh pressure if peace is reached in Ukraine - from tight labour markets that fuel inflation thanks to an exodus of Ukrainian workers.

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 ...

Joe Biden's time in the White House is coming to an end. These charts help tell at least part of the story of what's happened during his four years in office. CNBC reports that Perplexity AI has officially submitted a bid proposing a merger with TikTok US.

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump's promises to cut U.

Biden is handing over a world that is running perilously amok under a permissive environment that began with his disastrous withdrawal of U.S. forces from Afghanistan,” thunder Jonathan Sweet

A Russian official said a recent oil spill in the Black Sea was unprecedented and could have been avoided, highlighting the age of the vessels involved.

President Biden entered office alongside a hopeful media, but as four years passed, members of the press were quick to point out that Donald Trump's return would be his legacy.