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

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

New economic troubles hit Russia’s war-weary economy

When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... Read More

Ukraine and Europe’s weakness exposed as US and Russia again negotiate behind Kyiv’s back

Russia has also upped pressure on the Zaporizhian part of the front and around Kherson on the coast. It is very likely that the Kremlin will continue to push its current advantages, with fighting ... 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

US proposals to end Russia's war involve Ukraine giving up land, some weapons, sources say

The U.S. has signalled to President Volodymyr Zelenskiy that Ukraine must accept a U.S.-drafted framework to end the war with Russia that proposes Kyiv giving up territory and some weapons, two people ... Read More

Putin’s war forces drinkers to pick up a bottle of Russian wine as prices skyrocket

These sanctions, imposed after President Vladimir Putin sent troops into Ukraine in early 2022, have reshaped consumer habits, driving up foreign wine prices and narrowing brand availability of ... Read More

Russia pummels Ukraine with missiles and drones, killing at least 25 as U.S. tries to revive peace talks

Ukrainian officials say a missile and drone attack killed dozens, right as the U.S. Army secretary arrived to push for peace talks. Read More

U.S.-Russian Peace Plan Would Force Ukraine to Cede Land and Cut Army

The 28-point proposal, which comes as the Trump administration tries to restart settlement talks, includes demands long rejected by Kyiv as nonstarters. Read More