"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 ...

President Joe Biden looked back at his time in the Oval Office as a period of "hope, progress, and possibility," he said.

Exclusive: Ahead of Monday's inauguration, Lord Ashcroft reveals just how the 47th President of the UK might bring war to an end in Europe

As Washington prepares for a new administration, a souvenir shop offers discounted Biden and Harris merchandise on Jan. 10. | Stephen Voss for POLITICO President Joe Biden’s bid for historical greatness came to grief in one day: Nov.

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump's promises to cut U.

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

A Russian official said a recent oil spill in the Black Sea was unprecedented and could have been avoided, highlighting the age of the vessels involved.

President Biden entered office alongside a hopeful media, but as four years passed, members of the press were quick to point out that Donald Trump's return would be his legacy.