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Russian President Vladimir Putin in Moscow, Russia, on Feb. 5, 2026.
Opinion

A business plan to destroy the Russian economy

by Mark Dixon

The West must move on from the last four years of economic skirmishes and declare an "Economic World War" against Russia. The $70 billion budget deficit that Russia faced at the start of the year did not manage to cripple its economy.  Since then, its oil exports soared 52% to 713 million euros ($836 million) per day in March compared to February, turning Western efforts into a case of one step forward and two steps back. Russia's windfall from oil inflation has been further boosted by U.S. Pr

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A business plan to destroy the Russian economy

The West must move on from the last four years of economic skirmishes and declare an "Economic World War" against Russia. The $70 billion budget deficit that Russia faced at the start of the year did not manage to cripple its economy.  Since then, its oil exports soared 52% to 713 million euros ($836 million) per day in March compared to February, turning Western efforts into a case of one step forward and two steps back. Russia's windfall from oil inflation has been further boosted by U.S. Pr

Russian President Vladimir Putin in Moscow, Russia, on Feb. 5, 2026.

News from occupied Ukraine: Nuclear plant's safety at risk again, Russian military targets hit in Crimea, Berdiansk, Luhansk Oblast

This weekly update from the Kyiv Independent aims to shed light on the situation facing Ukrainians living under Russian occupation and the ever-tightening control of information imposed by the Kremlin. Key news as of May 16: * Zaporizhzhia nuclear plant relies on off-site backup power line for almost 2 months, IAEA reports * Unmanned Systems Forces hit Russian military targets in Crimea, Berdiansk, Luhansk Oblast * Ukraine struck Russian military targets in occupied Donetsk Oblast following

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