A former central bank official in Russia said the war in Ukraine is taking much of the nation's financial resources.
Tags: Russia
Microsoft Executive Emails Hacked by Elite Russian Hacking Group
In a regulatory filing, Microsoft disclosed that a Russian intelligence group accessed the email accounts of some of the software maker's top executives.
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China's yuan has ousted the US dollar as the most traded currency in Russia in 2023. China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.
China Snubs Ukraine's Volodymyr Zelenskyy in Davos as It Continues to Side With Russia's Vladimir Putin
Ukraine's President Volodymyr Zelenskyy faced disappointment as his attempts to secure a meeting with Chinese officials during the annual World Economic Forum in Davos, Switzerland, were unsuccessful.
At Davos, Ukraine's Volodymyr Zelenskyy Lashes Out at Russia's Vladimir Putin, Urges Allies to Step up Its Support for Kyiv
For the first time since the start of Russia's invasion, Ukraine's President Volodymyr Zelenskyy has attended the annual World Economic Forum in Davos, Switzerland, in person.
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Activity in Russia's manufacturing industry scaled up at its fastest pace in almost seven years in December, according to a business survey.
Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.
The delivery of Russian Sokol grade crude oil to the Indian Oil Corp has faced a delay. The delivery of Russia's Sokol crude oil to the Indian Oil Corp (IOC) has reportedly faced a setback due to payment issues, causing shipment delays.
Russia is reportedly grappling with a significant shortage of workers, with a deficit of around 4.8 million employees this year.
President Joe Biden has signed an executive order providing the US Treasury Department the authority to sanction financial institutions facilitating Russia's efforts to strengthen its military capabilities.
China and Russia have vowed ever closer economic ties despite disapproval from the West that promised to support Ukraine in its war with Russia.
Russia's President Vladimir Putin has issued decrees granting the government to seize and forcibly sell multi-billion-dollar energy assets from European companies considered "unfriendly" to new state-approved owners.
As foreign aid starts to dry up, a top Ukrainian commander said Ukraine had to downsize its military operations in the war with Russia.
Russian President Vladimir Putin has issued a rare apology for Russia's inflation problem, which resulted in the soaring of egg prices this week.
