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 ...

The inflation forecast has also worsened, now predicted to reach 8.4%, up from the earlier estimate of 6.9%. "Considering security risks and the challenging labor market situation, the National Bank ...

Three years after launching his “special military operation” in Ukraine, Russian President Vladimir Putin faces a looming ...

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 ...

The Russian leader is reportedly facing growing pressure from Russia's elite to engage in peace talks to end the war.

Ukraine'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.

It comes as new US President Donald Trump warned this week that Putin could expect “high levels of taxes, tariffs, and ...

Russia's domestic economic operations have recently suffered due to labor shortages and high interest rates introduced to ...

What is clear is that after four contentious years, Biden leaves Washington as a remarkably consequential one-term president.

Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle inflation, which has accelerated under record military spending.

Below are the five key challenges for the Russian economy in 2025: Russian annual inflation reached 9.5% in 2024, driven by ...