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Sanctions against Russia

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.

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5:44 PM

For Putin, war is existential — Estonian foreign minister at NATO summit.

The Kyiv Independent’s Martin Fornusek sits down with Estonian Foreign Minister Margus Tsahkna on the sidelines of the NATO summit to discuss U.S. President Donald Trump's commitment to the Alliance, how the Israel-Iran escalation affects NATO's focus on Ukraine, and why Europe must take more responsibility for its own defense.
4:49 PM

Zelensky, Trump hold talks on NATO summit sidelines.

"We covered all the truly important issues," President Volodymyr Zelensky said. "We discussed how to achieve a ceasefire and a real peace. We spoke about how to protect our people. We appreciate the attention and the readiness to help bring peace closer."
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