About half of Russia's military budget is off the books, according to Craig Kennedy, a former Morgan Stanley investment banker.

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.

President Putin has sanctioned an unprecedented defense budget, earmarking 32.5 percent of the total government spending for 2025 at US$126 billion. Craig Kennedy, analyzing the situation ...

WASHINGTON (AP) — President Donald Trump on Friday said his administration has already had “very serious” discussions with Russia about its war in Ukraine and that he and Russian President ...