According to the National Bank, Ukraine's GDP fell by 15.1% in the first quarter of 2022 compared to the first quarter of 2021, after growing by 6.1% in the fourth quarter of last year. The World Bank forecasts a 45.1% decline in Ukraine's economy this year, while the National Bank of Ukraine says the downturn will be at least 30%.
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Monday, September 1
"The suspect has given an initial testimony. Urgent investigative actions are currently underway to establish all the circumstances of this murder," President Volodymyr Zelensky announced in the early hours of Sept. 1.
A survey by the Rating Group, conducted on Aug. 21-23, 2025, found that the majority of Ukrainians polled want peace and are open to certain concessions, but only on the condition that their country receives international security guarantees.
German Chancellor Friedrich Merz said in an interview on Aug. 31 that he expects Russia's war in Ukraine to last a long time, as most wars end in military defeat or economic collapse — a scenario he does not foresee for Russia or Ukraine.
As an EU member, Hungary has veto power over further progress.
It is reported that part of a Russian Shahed drone shot down previously detonated under the ship.
Russian attacks killed at least five civilians and injured at least 61 in Ukraine over the past day, regional authorities reported on Aug. 31.
"The only 100% verified result achieved by Russia since the beginning of 2025 is its own losses — over 291,000 soldiers killed and wounded," Ukraine's General Staff said on Aug. 31.
U.S.-Ukraine peace talks, Russia’s massive missile strike on Kyiv that killed 25 civilians, and Moscow’s first reported occupation of villages in Dnipropetrovsk Oblast. Also, Ukraine’s escalating drone attacks on Russian oil refineries.
Oil prices were dragged down by production hikes by Saudi Arabia and other OPEC countries.
"Today we will clarify the tasks of the troop groups in the directions for the autumn period," Valery Gerasimov said.
VOA was established during World War 2 in an effort to counter Nazi propaganda.
The number includes 810 casualties that Russian forces suffered over the past day.
The positions previously allowed Russian troops to control the road leading into Kupiansk, approximately 104 kilometers (65 miles) east of Kharkiv, the regional capital.
