Russia thought it was financially untouchable—but the West had other plans. Sanctions have triggered a Ruble collapse, and even neutral Switzerland is in on the pressure. What’s next for Russia’s economy?

President Donald Trump is emphasizing that targeting Russia’s oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine.

Gold exports from Switzerland rose year on year in December as supplies to the United States soared to the highest since March 2022 and offset lower deliveries to top consumer China, Swiss customs data showed on Thursday.

Russia is waiting for signals from Washington to commence highly anticipated peace negotiations to end the war with Ukraine.

Switzerland remains calm amid global panic over Trump’s executive orders. Swiss industries, including gold refining, brace for potential U.S. trade policies, while Trump’s economic agenda stirs global markets.

One of President Donald Trump’s several broken campaign promises was highlighted by a question Thursday as he spoke at the World Economic Forum in Davos, Switzerland, where he refused to say if Russia’s illegal war against Ukraine would be over in a year.

US President Donald Trump’s virtual speech at WEF and more criticism against the grounded drones in Switzerland.

I really would like to be able to meet with President Putin soon to get that war ended,” Trump told the World Economic Forum in Davos.

NATO Secretary-General Mark Rutte has warned that a Russian victory over Ukraine would undermine the dissuasive force of the world’s biggest military alliance and could cost trillions of dollars to restore the organization's credibility.

The prices of the benchmark crude oil have slumped. Crude oil prices decreased after US President Donald Trump, familiar with his guise of functioning, issued a new set of threats, vowing to impose additional sanctions on Russia.

Ukraine praised U.S. President Donald Trump on Thursday for threatening to impose tariffs and sanctions on Russia if it refuses to make a deal to end the war in Ukraine and said the comment sent a \"strong signal\".

Since the World Economic Forum (WEF) in Davos, Switzerland, opened on the same day as Donald Trump was inaugurated as the 47th president in the USA, the news coverage of the WEF annual meeting 2025 under the theme 'Collaboration in the Intelligent Age' was less than it otherwise would have been.