Economy News How Russia S War Has Reshaped Ukraine S Economy

Russian lawmakers approve tax hike bill to boost economy as the war with Ukraine nears 4 years

Russian lawmakers have endorsed new tax hikes as Moscow tries to boost its economy during its almost four-year war with Ukraine. Read More

As Russia pummels Ukraine’s energy systems, Kyiv hopes US gas will fill the gap

Ukraine's gas facilities have suffered severe damage from Russian drone and missile attacks, forcing the country to import more gas ... Read More

Russia’s shrinking empire: How Putin’s brutal war in Ukraine has made Moscow a vassal state of Beijing

Beijing now stands as Moscow’s economic lifeline, diplomatic shield, and technological supplier. In return, Russia provides cheap energy, discounted raw materials, and geopolitical obedience. The ... Read More

Cracks In Russia’s War Economy

After nearly four years of fiscal overreach caused by injecting trillions of rubles into the Russian economy, the Kremlin can no longer disguise its distress. Read More

Ukraine “peace” would open an economic black hole

A Kremlin-favoured draft leaving Kyiv amputated from its Russian-occupied regions would have a severe economic impact. Moscow might escape paying for Ukraine's $600 bln reconstruction effort. And ... Read More

Russia’s Heaviest Strike Since 2022 Wipes Out Ukraine’s Energy Network Leaving Ukraine With ‘Zero Power’

In early November 2025, Ukraine was thrust into a new phase of crisis as Russia launched its largest-ever assault on the nation’s energy infrastructure. Overnight, a coordinated barrage of more than ... Read More

Ukraine Strikes Key Military Fuel Pipeline as US Sanctions Disrupt Russian Oil Exports

On October 31, 2025, Ukraine's military intelligence executed what analysts describe as a significant destruction of Russian military fuel infrastructure during the war. In a coordinated overnight ... Read More

Ukraine’s Cash Is Running Low, and Europe Has No Good Plan B

The European Union wants to finance Ukraine’s war efforts using a loan based on Russia’s frozen assets in Belgium. If that falls through, there’s no easy alternative. Read More

India tops Russian oil imports via 30 false-flagged tankers: Think tank

European think tank CREA has claimed that these shipments made India the largest national destination for crude moved by Russia's growing 'shadow fleet' ... Read More

Ukraine War Latest: Putin Gives Update on ‘Basis’ for Peace Deal, Russia Praises Trump ‘Realism’

A Putin ally has called for more detail in Trump's peace plan for Ukraine. Follow Newsweek's live coverage of the war. Read More

Ukraine faces pressure for a quick resolution — but on the battlefield, Russia's victory isn't assured

From the front-line city of Pokrovsk in eastern Donetsk, to Zaporizhzhia in the south, there is little doubt that Russia is making advances. But, battlefield monitors suggest the picture is not quite ... Read More

Ukraine and U.S. Cite Progress in Talks on Ending War With Russia

President Trump lashed out at Ukraine even as the talks on his peace proposal were still taking place, accusing the country’s leadership of being ungrateful for American support. Read More