Inflation in Ukraine accelerated to 12% in 2024, exceeding forecasts made by the country's National Bank, Ukraine's statistics service Derzhstat announced on Jan. 10. The Ukrainian economy has undergone harsh conditions with the onset of Russia's full-scale invasion of Ukraine in 2022.

Inflation in Ukraine climbed to 11.2% year-on-year in November 2024, surpassing the National Bank of Ukraine’s (NBU) earlier forecasts, according to the latest inflation report says UBN on January 8.

By applying enough pressure now, the thinking goes, Ukraine and its backers can enter talks from a favorable position, and Russian President Vladimir Putin will be forced to engage in good-faith negotiations that end in a satisfactory settlement.

Donald Trump just claimed Vladimir Putin is “destroying Russia ” by not making a peace deal with Ukraine. Speaking to the media after his inauguration on Monday, the US president hit out at the Russian leader for dragging out the war.

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.

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

Exclusive: Ahead of Monday's inauguration, Lord Ashcroft reveals just how the 47th President of the UK might bring war to an end in Europe

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

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 ...

In recent months, the financial landscape has witnessed a notable shift in the relationship between bond yields and gold prices.

US President Donald Trump has stated that he is likely to impose new sanctions on Russia if Russian President Vladimir Putin refuses to come to the negotiating table regarding the war in Ukraine, according to Bloomberg and CNN.

President Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting Feb. 1, while declining to flesh out his plans for taxing Chinese imports.