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2:14 PM
Moldova’s President Maia Sandu warned against the dangers of Russian propaganda and disinformation in the country and proposed the creation of a new governmental body to counter this threat. The envisioned “Patriot Center” would coordinate and implement the state's strategy on combatting disinformation, Sandu said during a press conference on May 29.
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9:32 AM
Ukraine launched an attack on Russian positions in Russian-occupied Berdiansk in the southeastern Zaporizhzhia Oblast, the exiled local authorities reported on May 29. At least five strikes were allegedly conducted on the evening of May 28, the authorities said, while local Telegram channels reported explosions near the airport.
9:08 AM
According to the report, Russia has also lost 3,801 tanks, 7,467 armored fighting vehicles, 6,207 vehicles and fuel tanks, 3,435 artillery systems, 575 multiple launch rocket systems, 331 air defense systems, 313 airplanes, 298 helicopters, 3,054 drones, and 18 boats.
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2:38 AM
Russian forces shelled nine communities in Sumy Oblast on May 28, firing close to 50 rounds from various types of weapons, the Sumy Oblast Military Administration reported on Telegram.
10:36 PM
The Russian military heavily shelled the Kupiansk district of Kharkiv Oblast on May 28, the State Emergency Service reported. As a result of the attack, a 74-year old woman suffered shrapnel wounds in the village of Kucherivka.
5:08 PM
“The Air Defense Forces of Ukraine. You heard the air raid alarm differently than most people,” President Volodymyr Zelensky said in the aftermath of Russia's overnight attack on Kyiv on May 28. “You look up to destroy enemy missiles, aircraft, helicopters, and drones. Every time you shoot down enemy drones and missiles, lives are saved.”

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National Bank of Ukraine revises GDP growth forecast for 2023

by The Kyiv Independent news desk March 29, 2023 6:22 PM 1 min read
This audio is created with AI assistance

The National Bank of Ukraine (NBU) expects Ukraine's GDP to grow by 1% in 2023, Forbes reported on March 29.

The NBU originally forecasted in January that Ukraine's economic growth in 2023 would be around 0.3%.

According to Forbes, NBU Chairman Serhiy Nikolaychuk attributed the improvement to the influx of international aid and stabilization in Ukraine's energy sector.

The NBU had underestimated the speed and extent to which Ukraine's energy sector would be repaired following a series of Russian mass missile strikes since October, Forbes wrote.

Nikolaychuk also said that lower oil and gas prices could contribute to improvement in trading conditions, and clearer indicators would emerge closer to April.

Although Ukraine has made progress in restoring its energy infrastructure, the economic challenges resulting from the war are still immense.

Ukraine's Economy Ministry said on March 6 that it had lowered its GDP growth forecast from 3.2% to 1%.

Russia's all-out war in Ukraine has resulted in over $143.8 billion in damages, according to the Kyiv School of Economics.

Even after sanctions, Russian economy can pay for war
The Russian economy has faced unprecedented sanctions since the Kremlin launched the full-scale invasion of Ukraine on Feb. 24. The latest events – the West’s embargo on seaborn oil and price cap on Russian oil sales worldwide – are seen as a blow to the Russian economy, whose backbone is the energ…

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