The country’s gross domestic product is expected to shrink by 12% as a result of the Western sanctions imposed due to Russia's aggression against Ukraine, according to an internal Finance Ministry forecast obtained by Bloomberg. A potential oil embargo, a decline in Russian gas consumption by EU countries, and the mass exodus of foreign companies from the Russian market were named as the key reasons for the worst expected downturn since 1994. Natalia Lavrova, chief economist at BCS Financial Group, said the trend is likely to expand gradually, “with a lot of negative carrying over into 2023.”
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Thursday, February 5
It would also cost Russia "800,000 more corpses" to take eastern Ukraine by force, President Volodymyr Zelensky told France TV in a Feb. 4 interview.
(Updated: )White House
The New START Treaty, signed by Russia and the U.S. in 2010 and set to expire on Feb. 5, 2026, places mutual limits on strategic nuclear warheads and launchers.
(Updated: )
The latest trilateral meeting in the United Arab Emirates took place a day after Russia launched its most massive strike against Ukraine this winter.
"I was just laid off by The Washington Post in the middle of a warzone. I have no words. I'm devastated," Ukraine correspondent Lizzie Johnson wrote on X, formerly known as Twitter.
The proposal will now be put to the European Parliament. If approved, the cash could arrive by spring.
Ukraine’s military intelligence says North Korean troops fighting under Russian command are attacking Ukrainian border communities from Russia’s Kursk Oblast.
President Volodymyr Zelensky appointed Major General Oleh Luhovskyi as acting head of Ukraine's Foreign Intelligence Service on Feb. 4.
These funds could have financed Russia's Jewish Autonomous Oblast for "an entire year," HUR said.
The Kyiv Independent’s Tim Zadorozhnyy speaks with Keith Kellogg, former U.S. Special Envoy for Ukraine, about why he believes Russia has failed to achieve its goals in Ukraine, how Russian President Vladimir Putin views his military campaign, and what is preventing the war from ending.
"This is a war crime committed by Russia," Energy Minister Denys Shmyhal said.
The Supernova Telegram channel published several videos and photos from local residents showing the sounds of air raid sirens and explosions.
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