Russian forces on Tuesday stepped up efforts to cut off Ukrainian troops in the key industrial city of Severodonetsk in the east of the country despite Ukrainians insisting they were holding on.

Moscow has laid siege for weeks to the cities of Severodonetsk and Lysychansk, which are separated by a river, as the last areas in the eastern Donbas

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Russia has earned a likely record $97 billion in revenue from fossil fuel exports in the first 100 days of its war in Ukraine despite heavy sanctions and Europe’s attempts to wean itself off of Russian energy, researchers said this week.

Russia’s export revenues have been falling since March, but remain record-high” due to soaring energy prices, t

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Russia is expected to lose 15% of its millionaires this year as its wealthiest citizens move abroad following the Kremlin’s invasion of Ukraine and ensuing Western sanctions, according to a new analysis from a London-based firm cited by The Guardian on Tuesday. 

Around 15,000 wealthy Russians who have $1 million in readily available assets will

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The Kremlin said Monday it sees the “protection” of eastern Ukraine’s pro-Russian separatist Donetsk and Luhansk peoples’ republics (DNR and LNR) as the key goal of its nearly 16-week military campaign.

“The republics’ protection is the main goal of the special military operation in general,” Kremlin spokesman Dmitry Peskov told the state-run RIA No

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A Russian town near the Ukraine border has reported three straight days of shelling, with Tuesday’s attack allegedly targeting a military base.

Residents of the Bryansk region town of Klintsy less than 50 kilometers from Ukraine reported witnessing a helicopter hovering over the base before firing off two shots and fleeing.

“A shell hit part of a m

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Ukraine said Monday its forces had been pushed back from the centre of key industrial city Severodonetsk, where President Volodymyr Zelensky described a fight for "literally every meter."

The cities of Severodonetsk and Lysychansk, which are separated by a river, have been targeted for weeks as the last areas still under Ukrainian control in the

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