
'Just a show for Putin' — Inside the 2026 St. Petersburg Economic Forum
Once billed as a rival to Davos, the forum now draws far-right influencers and conspiracy theorists.

Once billed as a rival to Davos, the forum now draws far-right influencers and conspiracy theorists.
The Ukraine Support Act allocates $8 billion in military financing for Kyiv, extends the Ukraine Security Assistance Initiative through 2027, and imposes additional sanctions on Russia.

Kyiv hopes U.S.-mediated peace talks with Moscow could yield results before winter as Ukrainian officials grow concerned about shortages of anti-missile systems and signs Russia may be preparing a new mobilization. President Volodymyr Zelensky told lawmakers from his Servant of the People party in late May that Kyiv sees what he described as a realistic opportunity to end the war, according to two people familiar with the matter. Head of Zelensky's office, Kyrylo Budanov, later publicly echoed

"A decision was made to carry out systematic preemptive strikes that will disrupt enemy launches and reduce the number of enemy drones that will once again fly to attack kindergartens, high-rise buildings, and hospitals."

"Almost half of your 26 years of power in Russia you have spent in the war against Ukraine," Zelensky wrote to Russian President Vladimir Putin. "Whatever you say about NATO, geopolitics and the Russian language, this war is your personal choice — a war without a real reason. This is how history will remember it."

The letter lays out Putin's increasingly apparent vulnerabilities, Ukraine's growing strength, and the case for an immediate reopening of peace negotiations.

Editor's note: Got an opinion on anything you've read in the Kyiv Independent so far? Send it to letters@kyivindependent.com, and it may appear in our Letters section. Key developments on June 4: * 'What should we do?' Russians in panic after Ukraine strikes St. Petersburg * Ukraine strikes Russian patrol ship in Sea of Azov, confirms damage to St. Petersburg oil terminal * Why Ukraine is talking about ending 'hot phase' of Russia's war before winter * Ukraine strips 8 military units of ri

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.
The attack coincided with the beginning of the 2026 St. Petersburg International Economic Forum, an annual conference of business leaders and government officials hosted by Russian President Vladimir Putin.



