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

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 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,

Russian inflation is expected to have accelerated further from the central bank’s goal last month as the invasion of Ukraine continued to drive up prices for nearly all goods and services. Most Read from BloombergThese Homes Withstood the LA Fires.

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 ...

Tomorrow the 47th President of the United States will be sworn in, having pledged he would bring peace between Ukraine and Russia within "24 hours."

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.

Instead, Biden is now apt to be recalled as a well-intentioned but only moderately effectual placeholder. He had several proud achievements but, owing to his brief tenure and his personal limitations,

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

From reducing inflation to cutting spending painlessly to immediately ending Russia’s war with Ukraine, the president-elect is waging a quiet tactical retreat.