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.

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.

Ukraine's air force says it detected 184 missiles and drones, causing damage to energy infrastructure across the country.

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.

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.

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.

Pope Francis has called for negotiations between Ukraine and Russia to end the war triggered by Russia's invasion of Ukraine in 2022. In his traditional Christmas Day address, the Pope said "boldness [was] needed to open the door" to dialogue "in order to achieve a just and lasting peace" between the two sides.

President Biden on Wednesday denounced Russia’s latest attack on Ukraine, declaring the wave of missiles and drones “outrageous.” “The purpose of this outrageous attack was to cut off the

For an investor with moderate risk appetite, they say an ideal portfolio for 2025 would mean investing 50% of his/her corpus in large-caps, followed by 35% in gold and 25% in debt