Russia claims it is withstanding the impact of sanctions. Sweden's finance minister said satellite images show a different story.
Russia has lost 180 artillery systems in the past three days, according to figures provided by Ukraine's military.
Russian gas giant Gazprom , squeezed by plunging sales abroad as the Ukraine conflict prompts European buyers to turn away, is seeking to raise regulated prices at home to fund investment, Interfax news agency reported on Thursday.
President Vladimir Putin has grown increasingly concerned about distortions in Russia's wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge of the situation told Reuters.
Ukrainian forces described a different kind of enemy, fighting with unfamiliar tactics and little option to retreat.
Russian President Vladimir Putin has spoken with Chinese President Xi Jinping, emphasizing the two countries’ close ties a day after Donald Trump was sworn in as the 47th U.S. president
In a lengthy post on his social media platform Truth Social, US President Donald Trump threatened to impose " high levels of taxes, tariffs, and sanctions" on Russia if President Vladimir Putin doesn't make a deal to end his war in Ukraine.
Russia has had battlefield momentum but its recent territorial gains have been at the expense of high personnel losses.
The Kremlin said on Thursday it saw nothing particularly new in a threat by US President Donald Trump to hit Russia with new sanctions and tariffs if it did not agree to end the war in Ukraine.
Russia has given its first response to Donald Trump’s ultimatum calling on Vladimir Putin to engage in peace talks or see his Ukraine invasion end “the hard way”.Writing on his Truth Social platform,
Trump did not mention Ukraine in his inauguration speech but has told reporters that Vladimir Putin would be destroying Russia by not agreeing to a peace deal.