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 ...
Russia recorded in 2024 a budget deficit exceeding three trillion rubles for the third consecutive year, soaring to 3.49 trillion rubles ($34.39 billion), according to the country's finance ministry.
Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale offensive on Ukraine weigh on the domestic economy. The Kremlin has ...
Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.
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