This growth was largely fuelled by increased levels of government spending, particularly in the military sector. According to Reuters analysts, this led to soaring wages and stron ...

President Donald Trump on Wednesday unveiled his reciprocal tariffs plan, announcing at least 10% additional rates on ...

China’s exports will be squashed by Donald Trump’s tariffs, regardless of whether the U.S. president hits them with an extra 50% levy as he threatened on Monday. The problem for Beijing is that ...

Russia is raising the cost of sweets in the country by 50% as the economy continues to flatline, according to a Ukrainian economist. Kyrylo Shevchenko says that the price increase is not due to ...

Russia’s economy faced a sharp slowdown in February, stoking fear in the country just as a brewing global trade war is expected to hit prices for its oil and gas exports. The Kremlin’s ...

America alone has imposed nearly 6,500 penalties since February 2022, when Russia’s full-scale invasion of Ukraine began.

Russia's GDP is set to fall by at least 50% in 2025, as the economic crisis in the country continues to gather pace. Businesses and consumers have been hit hard in recent months by the double ...

Moscow is hinting that the company would be welcomed back as part of a thaw under President Trump. Industry skepticism runs ...