Russia’s 2026 deficit nearly doubles to a record $88 billion, and its new budget plans three more years in the red
The draft sent to the Duma still gives the military its biggest budget since the full-scale invasion began.
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: Russia
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Russia’s top bankers break taboo, admit war is hurting the economy
Two of Russia's most influential economic officials have publicly acknowledged the mounting costs of the war in Ukraine, as Kyiv's strikes on oil infrastructure and record military spending expose growing cracks in the Kremlin's wartime economy
Russia wants joint economic projects with US — but only if Washington stops linking them to peace in Ukraine
Russia is offering Trump a deal that makes peace unnecessary.