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.

Russia attacked Ukraine's energy system and some cities in an "inhuman" Christmas Day assault, Ukraine's President Volodymyr Zelenskyy said.

U.S. President Joe Biden said on Wednesday he had asked the Defense Department to continue its surge of weapons deliveries to Ukraine, after condemning Russia's Christmas Day attack on Ukraine's energy system and some of its cities.

Russia launches a Christmas Day missile attack on Ukraine as the war enters its third year. NBC News’ Erin McLaughlin reports on the shifting battleground there and in Washington, D.C.

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

Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending activity.

President Joe Biden said on Wednesday he asked the U.S. Defense Department to continue its surge of weapons deliveries to Ukraine after condemning Russia's Christmas Day attack against some of Ukraine's cities and its energy system.

Gene Spector faced espionage charges in August 2023, filed by a Moscow court, though the specifics of the allegations remain undisclosed.

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.

At least 38 people were killed when a passenger jet crashed in Kazakhstan after it was forced to divert from its intended destination in southern Russia—an area where Moscow’s air defenses have battled Ukrainian drones in recent weeks.