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Russia's economic growth slowing down, Rosstat reports

Russia's economic growth slowing down, Rosstat reports

by Lucy Pakhnyuk

Russia's economy is experiencing a sharp slowdown in growth, according to a report released by the governmental statistics agency Rosstat on May 16. GDP only grew by 1.4% in the first quarter of 2025 – a notable decline from 4.5% growth in the previous quarter and 5.4% in the same period last year.

Ukraine war latest: Ukraine-Russia talks in Istanbul end, Moscow demands Kyiv withdraw from 4 regions, no ceasefire agreement

Ukraine war latest: Ukraine-Russia talks in Istanbul end, Moscow demands Kyiv withdraw from 4 regions, no ceasefire agreement

Key developments on May 16: * Ukraine-Russia talks in Istanbul end, Moscow demands Kyiv withdraw from 4 regions, no ceasefire agreement * Up to 640,000 Russian troops fighting against Ukraine, Syrskyi says * Ukraine 'lost contact' with F-16 during combat, pilot ejected, Air Force says * Putin appoints general who led Mariupol assault

5 lies Europe tells itself about Russia’s criminal war

5 lies Europe tells itself about Russia’s criminal war

by Andrew Chakhoyan

Editor's note: This opinion first appeared in German in Süddeutsche Zeitung. Russia’s President — a wanted war criminal — Vladimir Putin failed to show up in Istanbul for the “direct talks” with Ukraine that he himself proposed. For the Kremlin to wage an unprovoked war of conquest, reject a ceasefire, and

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7:17 PM

Russia's crude exports fall to lowest level since February.

Seaborne crude flows averaged 3.12 million barrels a day over the four weeks to July 6, a 3% decline from the previous period ending June 29, according to tanker-tracking data compiled by Bloomberg. That's the lowest level recorded since the four-week period ending Feb. 23.
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