Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.

How is it that Russia has continued to sustain its war in Ukraine, even with extreme Western sanctions and warnings of collapse? The secret is a shocking transformation in how the nation operates its ...

Military production and defense spending are propping up Russia's economy and may shape its future long after the war in ...

Russia is running out of money, soldiers and time. As the economy crumbles and the war in Ukraine continues, the cracks in Putin's regime are deepening. Could 2026 see the collapse of Putin's Russia?

Russia's military-driven budget is under increasing strain as falling energy revenues, rising war costs, and economic ...

Late last year, Chemezov raised warning flags over the economic situation in this defense industrial sector that is vital to Putin’s war effort. His primary concern is that the head of the ...

Russian officials are telegraphing a slowdown of the country’s war economy -- the first major slump since the launch of the Kremlin’s invasion of Ukraine more than 40 months ago. What it means ...

Russia’s economy faces a worsening outlook that is graver than publicly acknowledged, with a credible risk of a systemic banking crisis in the next 12 months, according to Russian banking officials.

Russia's economy, retooled for war, is now showing signs of significant slowdown and heading towards a recession, despite initial resilience to Western sanctions.

Russia's economy faces a tough 2026, the head of the country's biggest bank has said in the latest official warning about the country's finances, which is at odds with Vladimir Putin 's rosier ...

For Vladimir Putin, Russians’ appetite for the vegetable has become problematic, however. Shortages have pushed up prices by 167pc over the past year, the biggest rise of any food.

Russia put its economy on a war footing after the full-scale invasion, with President Vladimir Putin making moves to boost the output of the country's defense-industrial base.