Lidia Kelly

MOSCOW (Reuters) - Russian public spending that is classified as secret will nearly double by 2016 to reach a quarter of all expenditures, the IMF said on Monday, urging more...

MOSCOW (Reuters) - The International Monetary Fund slashed on Wednesday its already modest 2014 growth forecast for Russia, warning that Ukraine-related sanctions were scaring off investors and were pushing the...

MOSCOW (Reuters) - Russia unexpectedly raised interest rates for the second time in two months on Friday and suffered its first credit rating cut in five years, highlighting the impact...

WASHINGTON (Reuters) - Reforms to the International Monetary Fund have hit a deadlock despite a declaration from global financial chiefs that they would move forward without the United States if...

WASHINGTON (Reuters) - Behind statements that Russia will not budge in demanding Ukraine repay its debts for its natural gas deliveries, hints emerged at a meeting of G20 finance chiefs...

WASHINGTON (Reuters) - Ukraine Finance Minister Oleksander Shlapak said on Thursday that Kiev has fulfilled all conditions to receive the first portion of the financial aid package from the International...

WASHINGTON (Reuters) - The BRICS bloc of emerging economies will have all preparatory work done for setting up its development bank by the group's summit in July, South African Finance...

SIMFEROPOL, Crimea/MOSCOW (Reuters) - A subsidiary of Raiffeisen Bank International will close all its branches in Crimea by mid-month, the bank said on Saturday, following Russia's annexation of the Black...

MOSCOW (Reuters) - A prominent Russian politician has proposed dividing Ukraine along the lines of an infamous Nazi-Soviet pact and suggested that regions in Western Ukraine hold referendums on breaking...