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Russian President Vladimir Putin in Saint Petersburg, Russia, on April 27, 2026.
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Putin faces rising tensions as Russian economy weakens

by Toby Woodall

The Russian economy is losing momentum as the cost of the war mounts — sowing discord at the highest levels of the state and posing growing problems for President Vladimir Putin. After four years of proudly insisting that Russia could withstand sanctions imposed by the West in response to its full-scale invasion of Ukraine, the Kremlin is now confronting the reality that the war economy that initially spurred growth is increasingly straining the system. Meanwhile, there is a growing sense that

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Exclusive: Zelensky sends Trump urgent letter warning of Ukraine's critical missile defense shortages

President Volodymyr Zelensky sent a letter to U.S. President Donald Trump warning about Ukraine's worsening shortage of air defense systems, particularly anti-ballistic missile capabilities, the Kyiv Independent has learned. The appeal comes as Russia intensifies mass aerial attacks on Ukraine and publicly threatens a new wave of long-range strikes on Kyiv, including attacks on what Moscow described as Ukraine's "decision-making centers." "When it comes to air defense against missiles, we rely

Trump (R) and President Volodymyr Zelensky (L) at Mar-a-Lago in Palm Beach, Florida, U.S. on Dec. 28, 2025.

Ukraine fails to pass IMF-backed reforms, despite millions of dollars on the line

Ukraine's access to billions in much-needed cash is once again hanging in the balance as lawmakers stumble on reforms. Having already missed deadlines on a long list of legislation required by the European Union, World Bank, and International Monetary Fund, Ukraine's parliament made limited progress during a plenary session on May 26 and 27 — failing to pass a new IMF tax and withdrawing other bills at the last minute for fear of a lack of votes, said lawmakers who spoke with the Kyiv Independe

Let's stop pretending drones and IT will rebuild Ukraine's economy

In the battle of ideas for the economic future of Ukraine, talk of a fledgling military industry and the focus on the prowess of a handful of IT contractors is a diversion. Both storylines are presented largely in the absence of international competition and economic realities. And here is why. Investing in defense businesses, as I've done for years, is notoriously "lumpy" because it relies on national governments making payments that are not always timely. Those few, vital clients are also pa

Brave1 Defense Tech exhibition in an unnamed location in Ukraine, on April 11, 2025.

Europe must take Russia threat seriously, Estonia’s spy chief says

The Kyiv Independent’s Martin Fornusek speaks with Kaupo Rosin, director general of Estonia’s Foreign Intelligence Service, about Russia’s long-term strategy against Ukraine and Europe, the risks facing NATO’s eastern flank, and why Moscow still views the United States as its main adversary.

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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