During the regime of Boris Yeltsin, a few Russian businessmen picked up formerly state-owned assets for a fraction of their real value. Mikhail Khodorkovsky got the Yukos Oil Company and parlayed it ...
Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation, ...
President Trump recently suggested that Russia is a “paper tiger,” a term used by Mao Zedong with reference to the U.S. and the capitalist world. Vladimir Putin’s spokesman Dmitry Peskov immediately ...
Russia is trying "to inflict as much damage as possible on ordinary life," said Ukraine's president, Volodymyr Zelensky.
Soaring fuel prices and refinery shutdowns leave pumps empty across Russia, with the Kremlin warning gas station owners not to raise prices.
After nine months of attempting to coax Russia into concessions using only incentives, the Trump administration in an unexpected reversal announced “massive sanctions” Wednesday on Moscow’s two ...