Russia continues to wage war in Ukraine, spending billions on military equipment. Meanwhile, many Russians live in extreme poverty, with little more than barracks for homes and mud in place of roads.

TASS/. The poverty rate in Russia should decrease below 7% by 2030 and below 5% by 2036, according to the new May decree by President Vladimir Putin. "To reduce poverty rate below 7% by 2030 and ...

TASS/. Although poverty grew in Russia amid the pandemic, the authorities managed to curb its growth by employing selective measures to support the public, Kremlin Spokesman Dmitry Peskov told ...

Reliance on Russia’s military offerings has become increasingly prevalent in parts of Africa, amid an aggressive push by Moscow to lessen Western influence on the continent.

World Bank knowledge and technical assistance have focused on the social and economic development of Russia and on addressing the global challenges of fighting poverty, debt relief for the poorest ...

Inside Russia poverty rates are up and families of men mobilized, often unwillingly, into the army and sent to Ukraine, are angry and more frequently protesting in public. This is illegal in Russia ...

Armenia’s government risks plunging the country into widespread poverty with plans to seek its membership in the European ...

Only 18 Russian regions have annual budgets surpassing weekly war spending, with 65 spending less in a year than Russia ...