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Russia's Finance Minister Anton Siluanov told Russian President Vladimir Putin on Aug. 27 that the country has lowered its annual economic growth forecast for 2025 from 2.5% to 1.5%, as the country's wartime economy continues to falter.

Ukraine has appointed former Deputy Prime Minister Olha Stefanishyna as its new ambassador to the U.S., President Volodymyr Zelensky announced on Aug. 27.

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It has been over seven months since U.S. President Trump took office, vowing to end Russia's war in Ukraine within 24 hours. The Kyiv Independent’s Francis Farrell explains why Trump's peace effort has failed so far — and what could happen next.

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