On Tuesday, December 3, the South Korean won suddenly lost ground against USD and came to its weakest since 2022.

MOSCOW, December 3. /TASS/. The MOEX index fell by 1.82%, to 2,539.64 points, the dollar-denominated RTS index fell by 0.91%, to 753.42 points by the end of trading on the Moscow Exchange on Tuesday.

Russian President Vladimir Putin is rushing to defeat Ukraine because the Kremlin stands on the brink of economic crisis. Its ...

The latest Western sanctions against 50 Russian banks forced Russian importers to use complex and underhand schemes to pay ...

With the fate of further U.S. support for Ukraine, and thereby the future of the country, up in the air as Donald Trump ...

Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...

A top Russian banker said last week that he expects Russia's economic growth to slow next year.

Discover the current state of the Russian economy amid tensions with Ukraine. Is the wartime economy slowing down? Find out ...

The Kremlin’s seemingly endless war has persuaded Russian business elites to seek short-term profit in an overheated economy ...

In a move reminiscent of his first term, U.S. President-elect Donald Trump has issued a sweeping threat of 100% tariffs on ...

The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.

New restrictions required "adjustments in the servicing of foreign trade flows," the Central Bank noted in its November ...