Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the start of the 1980s.

A passenger plane flying from Azerbaijan to Russia with 67 people on board crashed in Kazakhstan Wednesday, authorities said.

An Azerbaijan Airlines plane crash on Christmas Day has prompted speculation the plane was shot down by Russia after it took a detour of hundreds of miles in the wrong direction and crash-landed with holes in the fuselage.

Russia launched aerial attacks on Ukraine’s energy sector “on a massive scale” overnight into Wednesday, local authorities said, with explosions reported across the country amid intensified bombardments that have left Ukraine in a precarious position while the war grinds into a third winter.

Ukrainian officials say Russia has launched a massive missile barrage targeting Ukraine’s energy infrastructure.

A Russian court case involving a compensation claim against Austria's Raiffeisen Bank International (RBI) will continue in the second half of January, judicial authorities and the lender said on Wednesday.

Zelensky warns of greater military cooperation between Moscow and Pyongyang, including sending more troops and military equipment

Russia is ready to continue gas exports to Europe through several routes just as a contract to transit the fuel via Ukraine is expected to end this year, Deputy Prime Minister Alexander Novak said.

Russia's inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by 0.33% in the week leading up to Dec. 23, the statistical agency Rosstat reported on Wednesday.

Russia's friends — or frenemies — aren't all pariah states. Some of them enjoy good relations with the West, too.

Ukrainian President Volodymyr Zelenskyy has condemned Russia's major attack on Ukraine's energy infrastructure on Christmas Day.