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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“There are no pauses, no delays in (Russia's) operations. They keep pushing their troops forward to seize as much of our territory as possible under the cover of negotiations," Syrskyi said.
"Ukraine is determined to keep working in good faith with the American side to genuinely achieve peace. We agreed on the next steps and formats for talks with the United States," Zelensky wrote on Dec. 6.
Russia’s drone strike caused a fire that burned the outer cladding of the shelter.
Russia failed to break Ukraine’s army on the battlefield, and now it’s trying to do it through a peace plan that would cap Ukraine’s forces at 600,000. Some argue that Ukraine would shrink its army — currently estimated at about 800,000 — after the war anyway.
Zelensky will also meet with the leaders of France and Germany in the British capital on Monday.
It's the ninth time this year that the facility has been struck.
The cyberattack took down over 700 computers and servers and deleted accounts of more than 1,000 Eltrans+ users, HUR claimed.
Three people have been injured in a Russian missile and drone attack on Kyiv Oblast overnight on Dec. 6, local officials reported.
The Kyiv Independent's first live event in New York City will be available to stream live. The Kyiv Independent will also present a curated photo exhibition
If the ban goes through, Russia would likely have to expand its shadow fleet to transport crude oil instead.
Over the course of 2025, Ukraine has repeatedly agreed to ceasefire proposals put forward by the White House. Russia has refused to agree to a single one.
The number includes 1,180 casualties that Russian forces suffered over the past day.
Ukraine’s Air Assault Forces said on Dec. 5 that neither Pokrovsk nor its sister city Myrnohrad is encircled, stressing that defense units are expanding logistics routes and maintaining control over key positions in the area.
The Trump administration on Dec. 4 extended a waiver that lets Lukoil-branded gas stations abroad stay in business, softening elements of the sanctions imposed on the firm in October.
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