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.

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 ...

Trump promised during his campaign that upon his return to the White House, he would swiftly end Russia's invasion of Ukraine ...

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.

Alexandra Prokopenko is a Fellow at the Carnegie Russia Eurasia Center in Berlin. She worked at Russia’s central bank until ...