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Russian Economy

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.

 President Donald Trump speaks at a news conference in the White House, Washington, DC, on Jan. 21, 2025.

Trump’s Russia sanctions might be what finally works

by Tom Keatinge

Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. On Truth Social last week, he called on Russian President Vladimir Putin to “settle now and STOP this ridiculous War! IT’S ONLY GOING TO GET WORSE,” adding,

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11:51 PM

Trump 'very surprised, disappointed' at Russian attacks on Ukraine amid peace talks.

"I've gotten to see things I was very surprised at. Rockets being shot into cities like Kyiv during a negotiation that was maybe very close to ending," Trump said during a news conference in the Oval Office. "All of a sudden rockets got shot into a couple of cities and people died. I saw thing I was surprised at and I don't like being surprised, so I'm very disappointed in that way."
5:10 PM

All territory will revert to Ukraine, predicts US diplomat.

The Kyiv Independent’s Chris York sits down with Michael Carpenter, former U.S. Ambassador to OSCE and senior director for Europe at the National Security Council, to discuss the current lagging U.S. military support for Ukraine amid the ongoing ceasefire talks with Russia. Carpenter also offers his predictions for the future of Ukraine’s occupied territories.
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