Ukraine's central bank raised the main interest rate to 14.5% to curb inflation, challenging economic recovery amid war with Russia. Inflation hit 12% in December, driven by rising costs and power ...

Vladimir Putin is growing distressed by challenges cropping up in the country's economy, which include high inflation and labor shortages, Reuters reported.

Donald Trump is set to be sworn in Monday for a second term as president after running on a very long and varied list of campaign promises last year. And if you believe he means to keep them, then ...

Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle inflation, which has accelerated under record military spending.

President Vladimir Putin has grown concerned about distortions in Russia’s wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, sources say.

By applying enough pressure now, the thinking goes, Ukraine and its backers can enter talks from a favorable position, and ...