Inflation in Russia has probably peaked, as the annualised preliminary January rate reached 9.9%, said Renaissance Capital in a note on February 18. (chart) Inflation remained in line with ...

Soaring inflation has plunged Russia into a fresh economic crisis – with sky-high interest rates threatening to devastate struggling civilian businesses. Vladimir Putin’s country has been ...

Governor of the Bank of Russia Elvira Nabiullina reiterated the importance of maintaining low inflation for the overall economy MOSCOW, April 8. /TASS/. The Bank of Russia is "very concerned" that ...

Will the European Central Bank face a problem that has bedeviled the Bank of Russia? European governments are about to embark on a big increase in defense spending, fueled by growing doubts about ...

Peter Aitken is a Newsweek Politics Editor based in New York. His focus is domestic U.S. politics, but he has experience covering Foreign Affairs, Business and Technology. Peter joined Newsweek in ...