Support our war crimes investigations unit Support
Skip to content

News Feed

9:51 AM
According to the report, Russia has also lost 3,837 tanks, 7,512 armored fighting vehicles, 6,305 vehicles and fuel tanks, 3,555 artillery systems, 1,132 cruise missiles, 583 multiple launch rocket systems, 344 air defense systems, 313 airplanes, 298 helicopters, 3,175 drones, and 18 boats.
Want to partner with the Kyiv Independent?
Contact the Tellers Agency to connect your brand with independent media.
Ukraine Daily
News from
Ukraine in your
8:52 PM
A least six explosions were heard near Russian-occupied Melitopol in Zaporizhzhia Oblast, Ivan Fedorov, the city's exiled mayor, reported on June 3. One of the explosions was reported at a railway near Melitopol, which Russian forces had reportedly been using to transport military equipment and personnel. Fedorov did not provide further details.
1:06 PM
"We are ready" for the counteroffensive, President Volodymyr Zelensky said in an interview with the Wall Street Journal released on June 3. "We would like to have some things, but we can't wait," he added.

watch us on facebook

Edit post

Bloomberg: Russia’s war ‘unravels’ its consumer economy worse than Covid-19 pandemic

by The Kyiv Independent news desk March 1, 2023 5:24 PM 1 min read
This audio is created with AI assistance

Despite Russian dictator Vladimir Putin’s claim that the Russian economy is expected to grow in 2023, “retail sales remain in a contraction that’s already more drawn out than its declines” during the Covid-19 pandemic, according to Bloomberg’s latest report.

Bloomberg reported the consumer sector accounts for about half of Russia's economy.

In January, retail sales in Russia shrank an estimated 10.7% from last year, “falling for a 10th straight month in a stretch longer than their crash at the height of the pandemic in 2020,” according to the report. Bloomberg also says that in December the real wages “probably fell” at the “sharpest pace in five months.”

According to the report, the downturn shows a “permanent drop” in Russia’s living standards, “similar to the impoverishment and a record stretch of shrinking retail sales in the years after the 2014 annexation of Crimea.”

“It’s a stark contrast to the resilience of an economy that endured a year of sanctions with a much shallower recession that first expected,” the report reads.

Even after sanctions, Russian economy can pay for war
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support from as little as $1, and it only takes a minute.
visa masterCard americanExpress

Editors' Picks

Support us

Enter your email to subscribe

Please, enter correct email address


* indicates required
* indicates required


* indicates required
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.