The Latest Breaking News from Russia

Russia rainy day fund shrinks by $38 billion as government plugs deficit

Russia's National Wealth Fund shrank to $148.4 billion as of Jan. 1, down $38.1 billion in a month, as the government took out cash to plug its budget deficit, data showed on Wednesday.

Reuters · Jan 18, 2023

Davos 2023: Germany's Scholz upbeat on energy, warns on deglobalisation

Germany's energy supply for this winter is secure, Chancellor Olaf Scholz said on Wednesday, adding that the ability of Europe's largest economy to swiftly wean itself off Russian gas has shown how flexible and speedy it can be.

Reuters · Jan 18, 2023

Davos 2023: NATO chief calls for significant boost in arms for Ukraine

Ukraine needs a "significant increase" in weapons at a pivotal moment in Russia's invasion and such support is the only way to a negotiated peaceful solution, NATO Secretary-General Jens Stoltenberg said on Wednesday.

Reuters · Jan 18, 2023

US military spending in Ukraine reached nearly $50 billion in 2022 – but no amount of money alone is enough to end the war

The U.S. Defense Department announced in early January 2023 that it is giving a further US $3.1 billion in military aid to Ukraine in support of its war against the Russian invasion.

The Conversation · Jan 18, 2023

Vladimir Putin rambles on about Patriotic War as Ukraine helicopter crash kills 18

As rescue workers scoured through the debris of the helicopter crash site in Brovary, Kyiv today, twisted despot Vladimir Putin bragged and droned on about Russia breaking the siege of Leningrad 80 years ago

Daily Mirror · Jan 18, 2023

Putin: Ukraine action aimed to end 'war' raging since 2014

Russian President Vladimir Putin says Moscow’s action in Ukraine was intended to stop a “war” that has raged in eastern Ukraine since 2014

The Independent UK · Jan 18, 2023

Don’t believe the hype; tanks are still vital for Ukraine

Some say the time of the tank is over, but Ukraine needs the weapons to push Russia out of its territory.

Al Jazeera · Jan 18, 2023

NATO warns of Russia's long war in Ukraine, vows to be ready

NATO says Russia is preparing for a long war so the alliance must get ready to support Ukraine for as long as it takes

The Independent UK · Jan 18, 2023

Putin: Ukraine Action Aimed to End 'War' Raging since 2014

Russian President Vladimir Putin said Wednesday that Moscow's action in Ukraine was intended to stop a “war” that has raged in eastern Ukraine for many years. Speaking at a meeting with veterans, Putin said that Moscow had long sought to negotiate a settlement to the conflict in Ukraine's eastern industrial…

Asharq Al-Awsat · Jan 18, 2023

Russia's Lavrov says Moscow ready to send mission to Armenia-Azerbaijan border

Russian Foreign Minister Sergei Lavrov said Russia was ready to deploy troops to the Armenia-Azerbaijan border to quell tensions between the two countries, but Yerevan's hardline position had so far prevented it.

Reuters · Jan 18, 2023