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.

Alexandra Prokopenko is a Fellow at the Carnegie Russia Eurasia Center in Berlin. She worked at Russia’s central bank until early 2022.

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.

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

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 ...

Russia says it's withstanding the impact of sanctions. Sweden's finance minister says satellite images show a different story.

Russia’s economic resilience is defying expectations, enabling the Kremlin to sustain its war efforts in Ukraine despite mounting challenges, and raising doubts about hopes for a swift resolution.

In a Truth Social post on Wednesday, Trump said Russian President Vladimir Putin should make a deal “soon,” or else he would “have no other choice” but to impose additional taxes, tariffs and sanctions on Russian imports to the U.S., along with “other participating countries.”

The Global Equity composite fell 0.86% gross of fees in the fourth quarter, in line with the 0.89% decline of the MSCI ACWI Index.

The price level at which European utilities hedge their power production in 2025 will impact their cash flow generation in 2026. Business and retail consumers will also feel the impact in 2026-2027 as their contracts are being readjusted on a rolling basis.

In a nutshell, 2024 was a year of deep crisis for Turkey. We saw the impact of a multifaceted crisis, the economic crisis in particular, on foreign policy, politics and social life. It seems that this crisis environment will deepen further in 2025.