"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

The accelerated rate surpassed forecasts made by Ukraine's National Bank in November, which estimated that Ukraine would end 2024 at an annualized 9.7% inflation rate.

Growth in Ukraine is projected to slow to 2% in 2025, assuming active hostilities persist throughout the year. In 2026, with an anticipated cessation of fighting, a strong recovery of 7% is expected,

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 cost of butter rose by 36 percent over 2024,

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.

Eastern European nations confronting a plethora of economic threats fuelled by war on their doorstep may face fresh pressure if peace is reached in Ukraine - from tight labour markets that fuel inflation thanks to an exodus of Ukrainian workers.

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 ...

MOSCOW. Jan 13 (Interfax) - Inflation in Ukraine, which decreased to 5.1% in 2023 after spiking to 26.6% in 2022, rose to 12% in 2024, Ukrainian media said, citing the State Statistics Service. The service said the growth of consumer prices slowed to 1.4% in December 2024, versus 1.9% in November, 1.8% in October and 1.5% in September.

With just days left before handing over the keys to the US government, the Biden administration is making a last-ditch effort to seize hundreds of billions of dollars in Russian assets as future negotiating leverage for Ukraine,

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against Ukraine.

Biden is handing over a world that is running perilously amok under a permissive environment that began with his disastrous withdrawal of U.S. forces from Afghanistan,” thunder Jonathan Sweet

The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than tariffs.