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

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Ukraine secures $8.1 billion IMF lifeline as funding gaps loom

Prime Minister Yuliia Svyrydenko welcomed the IMF decision, saying that, "It is very important for us that in the fifth year of full-scale war, amidst systematic attacks on the energy sector, Ukraine has guaranteed international financial support from partners and resources for the stable functioning of the state."

Orban's election campaign strategy — blackmail EU, Ukraine over Russian oil and hope for a fight

On Feb. 26, Hungarian Prime Minister Viktor Orban was feeling adventurous, sending two letters — one to Brussels, another one to Kyiv — with a set of demands. The intended target audience for both, however, were not EU and Ukrainian officials, but the domestic population soon heading to the polls. "Viktor Orban's ominous post is not an open letter to a foreign head of state, but rather a campaign message targeting a domestic audience," Daniel Hegedüs, deputy director at the Institute for Europ

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.

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