Economy News Russia Goes To Vote With War Economy Lifting Living Standards

Sanctions on Russia have failed to stop the war so far – will Trump’s latest package be any different?

Donald Trump has finally decided to hit Russia with sanctions – the first package he has imposed since he came back to the White House in January. Read More

Ukraine Hits Back at Russia’s Economy

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit. Read More

Russia's small businesses cry foul over war economy tax hikes

Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 small business owners, many of whom say they will have no choice but to ... Read More

Russia's economy is creaking — and the Kremlin wants Russians to pay more for the war

The Kremlin's commitment to the Ukraine war was in focus this week after the Finance Ministry released its 2026 draft budget. Draft spending plans show defense expenditures next year will stay largely ... Read More

Europeans announce fresh sanctions on Russian economy, trade in latest push to end Ukraine war

The European Union unveiled sweeping new sanctions targeting Russia’s economy and energy trade Friday, days after President Trump urged NATO nations to halt all oil purchases from Moscow. The bloc’s ... Read More

How Ukraine's European allies fuel Russia's war economy

European nations, including France, are among the staunchest supporters of Ukraine in its fight against Russia. Several have also stepped up their imports of Russian energy which pump billions of ... Read More