“Russia has been intentionally striking US businesses in Ukraine,” Ukraine’s foreign minister Andriy Sybiha said last week.
“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.
About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.
A bakery owner who pleaded with Putin to look into tax reforms warned that many businesses will be forced to close.
The Russian economy, fueled by the country's military-industrial complex, had long posted growth rates above the European average. Today, however, the country's economic indicators are all in the red.
Vladyslav Vlasiuk has spent the past four years pressing Western allies to squeeze the Russian economy through more sanctions. He hopes that 2026 will be the tipping point.
Ukraine's economy is enduring its toughest period since the early months of Russia's invasion after sustained air strikes ...
2d
From bakeries to beauty shops, Russian businesses are feeling the pain from a new wartime tax policy
Denis Maksimov’s bakery in suburban Moscow became famous overnight after he appeared on President Vladimir Putin’s annual ...
Hungary has blocked the European Union's latest sanctions plan against Russia, and said it will hold up new aid for Ukraine ...
Migrant workers from India are cleaning streets and removing snow in the major northwestern city of St Petersburg, Russian outlet Fontanka has reported ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results