One of the crucial aspects of international goods is their high price elasticity of demand, a concept that plays a ...

Abandoned villages and empty landscapes are not a problem specific to Eastern Europe. In an NZZ interview, demographics ...

Rising prices and declining services for ordinary voters contrast with the excesses of those close to the prime minister ...

Russia’s economy faces a worsening outlook that is graver than publicly acknowledged, with a credible risk of a systemic banking crisis in the next 12 months, according to Russian banking officials.

Ukrainian authorities say two people were killed and some 17 injured after Russian drones attacked the southern Ukrainian port city of Odesa.

Oil flows on the Transneft pipeline network, which handles 80% of all the oil Russia produces, fell last year and continue to slide in 2025, too ...

Trump's NATO success pushes allies to pledge 5% GDP on defense, marking the biggest jump since 1949, but requires faster U.S. arms production to counter Russia and China.

Ukrainian President Volodymyr Zelensky has signed an agreement with the Council of Europe (CoE) to create a tribunal that would allow for the prosecution of senior Russian officials who have led ...

Russian Major General Apti Alaudinov said he did not think U.S. President Donald Trump would save Ukrainian President Volodymyr Zelensky, and called into question the American leader's reliability ...

After lobbying by US President Donald Trump, NATO leaders have promised to boost annual defence spending to 5% of their countries’ gross domestic product (GDP) by 2035. A NATO statement released ...

Russia spends 13.5 trillion rubles ($172 bln) our of 223 trillion rubles ($2.84 trillion) of the national GDP for defense needs, President Vladimir Putin told reporters.

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.