The war’s impact has dampened the outlook for global economic growth, which fell below the two-decade average of 3.8% based on the annual World Economic Outlook to 3.4% in 2022 and is expected ...

The Russian economy is teetering on the brink of recession as the Kremlin attempts to downplay the impact of Western ...

The Organization for Economic Cooperation and Development (OECD) says Russia's war in Ukraine, now in its eighth month, will have a greater impact on the global economy than previously expected.

Russia’s attack on Ukraine Wednesday means the conflict will take a bigger toll than believed on the U.S. economy as it drives oil prices and inflation higher and intensifies supply chain snarls.

Russia’s invasion of Ukraine and the financial reckoning imposed on Moscow in response are proof that the triumphant globalization campaign that began more than 30 years ago has reached a dead end.

Feb. 15 (UPI) --Europe is facing strong economic headwinds. Record inflation, the need to recover from the pandemic, and a divided response to Russian troop deployments along the Ukraine border ...

Oil prices settled slightly lower on Monday as the latest European sanctions on Russian oil were expected to have minimal ...

More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to ...

A potential Russian invasion of Ukraine could negatively impact the pocketbooks of average Americans, who are already facing higher prices and rising inflation. Moscow’s saber-rattling has led ...

After almost three years of waging war in Ukraine, Russia is feeling the full impact of its economic punishment from the West — and it could prompt the Kremlin to end the war in Ukraine as soon ...

Will sanctions against Russia work? How? Will they drastically impact the stock markets and U.S. investors for a long time? Experts weigh in with answers and some global perspectives.

President Donald Trump on Monday laid out a pair of steps intended to pressure Russia to end its war in Ukraine, including ...