Russia has sold 71% of National Wealth Fund gold reserves to finance war. Budget deficit balloons 5x as oil revenue drops 22% ...

"The Russian people are increasingly feeling the effects of the Kremlin's continued prioritization of the Russian defense ...

Freight volumes plunge 9.4% as Russian Railways’ debt nears $45B. Sanctions, war, and industrial decline push the economy ...

By the end of November 2025, 3 out of 4 coal producers in Russia were deemed unprofitable.

Even as President Donald Trump insists Russia has the upper hand in its war against Ukraine, economists say the country’s position is weaker than ever because the Kremlin has burned through most of ...

Russian businesses are struggling due to inflation and high interest rates.

People say you never forget your first major experience. The first financial crisis I encountered in my professional life was ...

The peripheral, energy-rich areas of Russia are bearing the brunt of the human and economic costs of the Ukraine War. As Russia’s full-scale invasion of Ukraine approaches its fourth year, Moscow’s ...

Military history offers a clear warning about the logistical challenges of conducting large-scale offensive operations in Eastern Europe during the winter, a lesson learned repeatedly at great cost.

Explore insights on Russia's imperial structure and the patterns of decline shared by empires, as discussed by historian ...