Russia news

The hidden cost of Putin’s war: A more dependent Russia
Russia

The hidden cost of Putin’s war: A more dependent Russia

by Toby Woodall

Russian President Vladimir Putin has increasingly characterized his all-out war against Ukraine as a struggle for "sovereignty," yet what limited territorial gains Russia has achieved since 2022 pale in significance to the staggering dependence on China that has emerged. While the Kremlin had already been pursuing a "pivot to the East" for some time, this was never presented as the rapid wholesale embrace of Beijing necessitated by the protracted conflict. In fact, Western sanctions have left M

News Feed

Despite wartime reforms, Ukraine’s state-owned company clean-up still misses the mark

Ukraine’s reset of its state-owned companies has won back some of the trust from Western partners after the country’s worst wartime corruption scandal, but critics warn it doesn’t do enough to address the main issue — government interference. State-owned companies, which in Ukraine dominate the energy, banking, and infrastructure sectors, have often become battlegrounds for control of their resources. The country's reformers and international partners favor independent supervisory boards to mit

A general view of the Rivne Nuclear Power Plant is seen in Varash, Rivne Oblast, Ukraine, on Sept. 10, 2023.

About Russia

The Kyiv Independent’s coverage of news on Russia. Spanning eleven time zones across Eastern Europe and Asia, Russia has an estimated population of 146 million people. Russia’s capital city is Moscow, which is home to almost one in 10 Russians. Russia’s official currency is the Russian Ruble.

News Feed