Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that "inflation has really subsided markedly over the past few months. The outcome of this policy has been a marked cooling of domestic demand, with the welcome side effect of rapid disinflation.

Russian President Vladimir Putin is stalling over a ceasefire. Meanwhile, Trump has changed his mind about sending weapons to Ukraine.

The intelligence chief said Putin's goal remains a fundamental reshaping of the global order to maximise Russian power.

Russia has advanced around Pokrovsk for many months, but has so far failed to entirely encircle or seize control of the city.

WASHINGTON (Reuters) -U.S. Energy Secretary Chris Wright said on Fox News on Tuesday that sanctioning Russian oil to end the Ukraine war is a "very real possibility."

The long-range Russian drones come in swarms each night, buzzing over Ukraine by the hundreds, terrorizing the population and attacking targets from the industrial east to areas near its western border with Poland.

Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.

Ukraine’s president proposed reviving talks brokered by the Trump administration, which seemed stalled a month ago.