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War in Ukraine
Russia’s Small Businesses Pay the Price of Spiraling Ukraine War
Rising prices and a volatile currency have been among the major domestic economic fallouts of Moscow’s four-year offensive on Ukraine.
14h ago
Europe
Baltic States Urge EU to Accelerate Russian Oil Ban
Estonia, Latvia, and Lithuania have called on the EU to expedite the implementation of a ban on Russian oil imports.
June 27, 2026
Ukraine
Ukraine Receives $3.6B as First Tranche of EU's Ukraine Support Loan
The EU’s memorandum tied to the deal lays out the tax and fiscal reforms Kyiv must pass to unlock two more tranches.
June 27, 2026
War in Ukraine
Russian Economy 'in Dead End' as War Costs Devour Budget
Russia is burning through reserves to fund the war, with oil revenues down 30% and defense spending consuming nearly half of the state budget.
June 26, 2026
Ukraine
US State Department Says Ukraine Is Currently Winning the War
A senior US State Department authority, Jeremy Levin, says Ukraine has “turned the situation around” and is currently in a phase where it is winning the war against Russia.
June 24, 2026
Ukraine
IMF Clears Ukraine's First Review Under Fire. What Comes Next?
The IMF reviewed Ukraine amid Russian strikes on Kyiv while lawmakers stalled most required tax bills. Kyiv Post was told the Fund’s patience for this won’t last much longer.
June 24, 2026
Energy
Fuel Sales Restricted in 22 Russian Regions
Authorities cite rising demand and logistical disruptions, while fuel shortages have intensified following repeated attacks on Russian oil infrastructure.
June 24, 2026
War in Ukraine
Kremlin Insists Economy Is Stable as Budget Deficit Hits $80B
The Kremlin says Russia’s macroeconomic stability is “absolutely secured,” even as its budget deficit surpasses $80 billion (approximately €70 billion) and oil prices tumble to around $65 per barrel (roughly $1.55 per gallon or €0.38 per liter).
June 23, 2026
Russian Economy 'in Dead End' as War Costs Devour Budget
Russia is burning through reserves to fund the war, with oil revenues down 30% and defense spending consuming nearly half of the state budget.
June 26, 2026
