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.
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.
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Trump Claims Putin Is 'Destroying Russia' With The Ukraine War In Surprisingly Curt Remarks
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Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
Putin growing concerned by Russia’s economy, as Trump pushes for Ukraine deal: report
President Vladimir Putin has grown concerned about distortions in Russia’s wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, sources say.
DEEP DIVE — Nearly three years into its costly war against Ukraine, Russia’s economy is faltering under the strain of sanctions, inflation, and high borrowing costs. While Western hopes that the sanctions would bring economic collapse proved premature, the cumulative toll is now evident.
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
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.
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 ...
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Ukraine's central bank raises key policy rate to 14.5% due to inflationUkraine's National Bank (NBU) announced on Jan. 23 that it will raise the key policy rate from 13.5% to 14.5% per annum starting from Jan. 24, 2025.
US President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil,” casting the push for more crude output as a way to heighten pressure on Russia and help end the nearly three-year war in Ukraine.
Meanwhile, Trump’s pick for defense secretary, Pete Hegseth will face a test vote in the Senate that may indicate whether fresh allegations about this personal conduct that surfaced this week are enough to stop his confirmation.
President Donald Trump delivered a long, rambling speech via videoconference at the World Economic Forum in Davos, Switzerland, ping-ponging between topics.
Three years after launching his “special military operation” in Ukraine, Russian President Vladimir Putin faces a looming choice. In public, he exudes optimism. He has pulled his country back from the abyss and,
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