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Russia, spending
Russia cements its ‘war economy’ status with military spending hikes
Draft documents suggest Russia will increase defense spending to $145 billion as it embarks on a recruitment push.
Russia Plans 30 Percent Defence Spending Hike In 2025
Russia plans to hike its defence spending by about 30 percent next year as it diverts more resources to fund its offensive in Ukraine, draft budget plans published on Monday showed.
Russia plans sharp defence spending hike in 2025
Russia will raise its defence budget by almost 30 percent next year, surpassing spending on welfare and education combined. This move is linked to its ongoing Ukraine offensive. The increased budget comes amidst continued attacks and territorial claims.
Russia to Boost Defense Budget
Russia to Boost Defense Budget as Ukraine War Drags On
The Kremlin plans a 25 percent increase to more than $145 billion in 2025, a year in which it had intended to cut military spending.
Russia proposes record defense spending as it pursues victory in the Ukraine war
The Russian government wants to earmark 32.5% of its spending next year for defense, a record amount and up from a reported 28.3% this year, as Moscow seeks to prevail in the war in Ukraine
Russia Responds to 'Korean Scenario' for End of Ukraine War
Serbian President Aleksandar Vučić has drawn a comparison between the conflict in Ukraine and the Korean War, which ended with an armistice but no peace treaty.
7h
Russia Seeks Deal With Georgia Over Disputed Region
Russia is open to talks over the reconciliation of Abkhazia and South Ossetia, says Foreign Minister Sergey Lavrov.
2h
Putin orders conscription of 133,000 servicemen in Russia's autumn draft
Russian President Vladimir Putin ordered the conscription of 133,000 new servicemen in Russia's autumn draft that starts Oct.
6h
on MSN
Norway is mulling building a fence on its border with Russia, following Finland's example
Norway may put a fence along part or all of the 123-mile border it shares with Russia, a move inspired by a similar project ...
13h
Russia targets 11 Ukrainian regions as it steps up its drone attacks
The Ukrainian air force says Russia fired missiles and drones at 11 regions of Ukraine. It was the 33rd consecutive night of ...
4h
Russia says OPEC+ ceding oil market share for long-term stability
OPEC+ is strategically reducing oil supply and ceding market share with a long-term view so that the producing countries ...
7h
Ukraine-Russia latest: Five things you need to know today
Russian forces have now surrounded the Ukrainian frontline “fortress” of Vuheldar in Ukraine’s eastern Donbas region, which ...
12h
A man gets life in prison in Russia for a car bomb that wounded a writer
A Russian court has sentenced a man convicted over a car bombing that seriously wounded nationalist writer Zakhar Prilepin to ...
7h
on MSN
Imported cars face higher fees as Russia plans domestic production boost
Russia plans to effectively raise taxes on imported cars from 2025 by doubling the scrappage fees all car producers must pay ...
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Ukraine
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