Russia’s budget revenue rose to a record high last month even after the US targeted the banking sector with a new round of sanctions aimed at disrupting foreign trade payments and curbing proceeds from exports.

Moscow appeared ripe for Western-imposed economic pain after its invasion of Ukraine but today the country is thriving

If you want to understand who is winning the American war against Russia on the Ukrainian battlefield, and also in the world’s commodity trade markets, you can start by calculating the life expectancy of a NATO-trained Ukrainian soldier on the front line, or of a NATO staff officer in a command bunker he thought was safe. Then you can check the life expectancy of a Russian pig.

Escalating trade war and the West’s falling competitiveness

After witnessing a historic financial collapse in the former Soviet Union, I thought bad advice from Western economists was a root cause. Now I think failure was the plan

The race for reconstruction has already begun. The American giants are in the front row. About one trillion dollars of investment is at stake. For the economic, political, and military debt that will burden Kyiv for generations to come

Experts said Europe is ‘shooting itself in the foot’ with current sanctions strategy. They warned Russia is developing considerable resilience to sanctions regimes

In his recent article on attritional warfare, Alex Vershinin at the Royal United Services Institute remarked that ‘war is won by economies, not armies’. Put another way, the country that can outspend its rival in military endeavour will ultimately prevail.

LONDON, March 22 (Reuters) – Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets, senior industry sources said, fearing it could lead to costly litigation. European Union leaders on […]

As political paralysis grips Berlin, the energy crisis was the final blow for a growing number of manufacturers