News
Russian Economy 'in Dead End' as War Costs Devour Budget
1+ hour, 38+ min ago (783+ words) The Russian economy has effectively reached a standstill, with Moscow financing its war against Ukraine by draining domestic resources and sacrificing the civilian sector, Ukraine's presidential representative on sanctions policy, Vladyslav Vlasyuk, told Kyiv Post on Friday. Vlasyuk said the…...
Small Planes in Russia Test Car Fuel as Aviation Supplies Tighten
3+ day, 15+ hour ago (616+ words) In brief: Russian general aviation operators have started testing automobile gasoline in light aircraft as aviation fuel becomes increasingly costly and scarce, with some regions reporting stocks sufficient for only one to one-and-a-half months. The An-2 Operators Association has called…...
Rate Steady, Risks Rising: NBU Keeps 15% Rate as Underlying Inflation Climbs, External Financing Catches Up
1+ week, 21+ hour ago (627+ words) In brief: Ukraine's central bank held its key policy rate at 15% on June 18, citing tight monetary conditions and easing geopolitical risks. But the NBU flagged rising core inflation and warned it would raise rates if needed to anchor expectations, while…...
Ukraine Inflation Drops to 8. 2%, But Fuel Prices Refuse to Back Down
2+ week, 1+ day ago (689+ words) Ukraine's annual inflation moderated to 8. 2% in May from 8. 6% in April, but fuel prices still spiked 38. 7% year-over-year and kept core inflation elevated, according to the State Statistics Service. Kyiv Post breaks down Ukraine's May price data. Ukraine's annual consumer inflation decelerated…...
Putin to Confront Weak Economy at "Russian Davos, Under Threat of Ukrainian Drones
3+ week, 6+ hour ago (818+ words) President Vladimir Putin is set to address Russia's flagship investment forum as the economy shows signs of stagnation under the strain of the Ukraine war. Rising inflation, labor shortages, budget deficits and Ukrainian drone strikes on key infrastructure are increasing…...
Russian Economy Fractures: Sky-High War Costs Trigger Non-Military Stagnation
3+ week, 5+ day ago (441+ words) Russia's domestic market has fractured into a highly unstable "dual economy," as the massive state expenditures required to sustain the invasion of Ukraine trigger deep stagnation across non-military commercial sectors, Associated Press reported. An initial surge of economic growth fueled…...
Pro-Kremlin Economists Confirm Russia Has Passed IMF Threshold for Systemic Banking Crisis
1+ mon, 1+ week ago (436+ words) Russia's financial architecture has quietly crossed into systemic destabilization, with the share of non-performing and toxic assets within the country's banking system formally breaching the internationally recognized threshold for a full-scale banking crisis. According to an assessment released by the…...
Ukraine's Business Activity Index Falls Below Zero for First Time Since 2023 as Orders Collapse, But April Figures Rebound
1+ mon, 1+ week ago (422+ words) Ukraine's Business Recovery Index turned negative for the first time since March 2023, dropping to -0. 11 in April as order portfolios collapsed to their shortest in months and medium-term uncertainty climbed, according to the Institute for Economic Research and Policy Consulting's (IER)…...
Behind the facade of a strong ruble, the Russian economy is quietly facing a massive liquidity crisis.
1+ mon, 1+ week ago (268+ words) Many people look at the current state of global affairs and wonder how the Russian financial system appears to be surviving despite unprecedented pressure. The Secret Reason Russian Banks Are About to Fail Many people look at the current state…...
Ukraine's Economy Contracts in 2026 Due to Russian Bombing Amid Heavy Winter
1+ mon, 2+ week ago (366+ words) Ukraine's State Statistics Service recorded a 0. 5% year-on-year GDP contraction in Q1 2026, as a result of Russia's bombing in winter. Preliminary full figures are expected in June. Ukraine's economy shrank -0. 5% in the first quarter of 2026 compared to the same period a year…...