"As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war."

Ukraine's central bank raised the main interest rate to 14.5% to curb inflation, challenging economic recovery amid war with Russia. Inflation hit 12% in December, driven by rising costs and power shortages.

The National Bank of Ukraine (NBU) has downgraded its inflation forecast from 6.9% to 8.4% for the end of 2025. This is announced in the NBU statement, Ukrainian News Agency reports. Due to the exhaustion of temporary factors of price pressure and the NBU ...

Ukraine’s central bank, the National Bank of Ukraine (NBU), increased the key interest rate from 13,5% to 14,5%, raising concerns after inflation spiked above the forecast. NBU announced the decision at a monetary briefing on Thursday. Follow our ...

Russian President Vladimir Puting isn't feeling as upbeat about the prospects for Russia's economy as the conflict in Ukraine intensifies ... sanctions, high inflation, and weakening domestic ...

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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 ...

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.

To calculate today’s value of R100 after inflation, one must multiply R100 by the CPI of 2025 divided by the CPI of 1995. This calculation shows that R100 in 1995 would be roughly equivalent to R513.72 in 2025. This represents an inflation figure of 413.7% over the past 30 years or 5.8% annually.

By applying enough pressure now, the thinking goes, Ukraine and its backers can enter talks from a favorable position, and Russian President Vladimir Putin will be forced to engage in good-faith negotiations that end in a satisfactory settlement.

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 ...