- Vladimir Putin has staved off additional U.S. sanctions for now, as he bought more time to prosecute his war on Ukraine by meeting with President Donald Trump in Alaska last week, sparking a flurry of diplomatic activity as European allies try to forge security guarantees for Kyiv. But time may not be Russia’s ally as its economy comes under increased strain.
Russia could slip into a recession soon and is having its worst harvest in 17 years, further straining an economy that’s already seen energy revenue plunge.
