Economy News How Russia S War Has Reshaped Ukraine S Economy

Ukraine's Oil Strikes Are Hurting Russia's War Economy

Ukraine's deep-strike drone campaign targeting Russia's oil and gas production facilities has already cost its enemy 10 percent of its refining capacity, according to industry experts -- and Kyiv is ... Read More

Putin's annual Q&A with Russians is back. 2 issues are front and center.

The anxiety comes as Russia's inflation remains high, and the country's massive defense spending jostles with social spending. Read More

Why 2026 could decide Ukraine’s war as manpower and resources are running thin

Ukraine's war effort shows manpower shortages, ammunition gaps and funding risks are reshaping the battlefield. Why endurance, not courage, may decide Ukraine’s future. Read More

How Oil Reveals The Cracks In Russia’s War Economy

Though Russia's war machine is slipping, the proposed peace plan by the United States does not take advantage of the economic pressure on Moscow, asking Ukraine to make several concessions. (Photo by ... Read More

Russia’s slowing wartime economy pushes Kremlin to increase taxes and fees

After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off. Read More

Zelenskyy open to troop withdrawal in eastern Ukraine if Russia also pulls back

Ukrainian President Volodymyr Zelenskyy says Kyiv could withdraw troops from the Donbas if Russia also pulls back and an internationally monitored demilitarised zone is created. Read More

America Just Quietly Admitted It Can’t Crush Russia’s Economy

Western efforts to strangle the Kremlin’s war machine have been systematically undermined by European nations’ desire to continue buying Russian oil and natural gas. The United States and its allies ... Read More

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news ... Read More

7 Experts on How to Actually End the War in Ukraine

Mr. Schmemann, an Opinion writer, is a former Moscow bureau chief of The Times. Efforts to halt the war in Ukraine, now approaching its fourth year, have all failed. The Trump administration is now ... Read More

Here's what's in the Trump administration's proposed 28-point Russia-Ukraine peace plan

Moderator, "Face the Nation with Margaret Brennan;" Chief foreign affairs correspondent Margaret Brennan is moderator of "Face the Nation with Margaret Brennan" on CBS. Based in Washington, D.C., ... Read More

Ukraine’s Oil Strikes Are Hurting Russia’s War Economy

Ukraine’s deep-strike drones have hit half of Russia’s major oil and gas facilities, reducing refining capacity and fueling domestic fuel shortages. New long-range systems like the Lyutiy drone and ... Read More