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Russians turn to cash, putting more strain on slowing wartime economy

BBC News

Russians are returning to cash, as mobile internet shutdowns disrupt card payments, and more businesses seek to dodge tax under mounting financial pressure more than four years into the war with Ukraine. Russia has added 1.56tn roubles (£14.8bn; The spike comes amid a wave of Ukrainian drone attacks, which have repeatedly led the Kremlin to shut down mobile internet across large swathes of the country, leaving many unable to pay by card. The government says the aim of the shutdowns is to counter the drone strikes. Having cash on hand gives you some sense of control and security, one woman in Moscow told the BBC on condition of anonymity.


WATCH: Russian soldier thrown through air as Soviet-era helicopter gun spins out of control

FOX News

President Donald Trump says Vladimir Putin is "ready to make a deal" to end the Ukraine war, even as Russia warns Western troops enforcing any ceasefire would become military targets.


How Ukraine Brought the War to Russia

The New Yorker

Long-range drone and missile strikes on Russian soil have shifted the balance of the conflict--will they be enough to end it? In recent weeks, Donald Trump--whose attitude toward Ukraine and its President, Volodymyr Zelensky, has been notoriously fickle, when not outright hostile --has appeared to warm to Ukraine's chances in the war with Russia. On the sidelines of the summit in Ankara, he met with Zelensky and later spoke of him in flattering terms, declaring "We've actually developed a good relationship. Trump has a history of favoring those he perceives as winners, and his change in attitude regarding Ukraine seems driven by the country's newfound ability to strike targets deep inside Russia--"an escalation that can help lead to an end," Trump said. In Ankara, Zelensky, the inveterate entertainer, riffed on a question from Trump, who asked if Zelensky would consider travelling to Moscow for direct talks with Russian President Vladimir Putin. That would be dangerous, Zelensky ...


Russian attack on Odesa kills three as Ukraine targets vessels in Black Sea

Al Jazeera

Is the war entering a new phase? Several people have been killed in Russian attacks on port infrastructure in Odesa and Mykolaiv, and Ukraine said it launched drone strikes on 20 Russian vessels as the warring sides escalated their battle over the Black Sea and key trade routes. Odesa region Governor Oleh Kiper said on Wednesday that a "massive" Russian drone and missile attack on the southern region continued for a fifth day, with civilian, industrial and port infrastructure coming under attack. Russia's Ministry of Defence confirmed the strikes on the Odesa and Chernomorsk ports, saying Russian forces targeted infrastructure facilities that it claims are used to store fuel and assemble drones. Russia in recent days has stepped up attacks on Ukraine's Black Sea ports in the Greater Odesa area, which handle much of the country's grain and other cargo and are vital to its wartime economy.


Trump grants Kyiv Patriots licences: What's next in the Russia-Ukraine war?

Al Jazeera

Is the war entering a new phase? Patriot missile interceptors are the most coveted Western-made weapon Ukraine needs - right now and every night when Russia attacks. Frequent Russian strikes depleted Ukraine's stock of the pricey United States-made interceptors - and US President Donald Trump has now offered hope, giving Kyiv a licence to make them. We'll show them how to do it, it's very complex actually. But it's - you'll figure out the complexity quickly," Trump told Ukrainian President Volodymyr Zelenskyy at a NATO summit in Turkiye on Wednesday. "This way, you can't complain that we're not giving them enough." Trump has not specified when the production might start - and said that Washington would hold on to its own stash. Ukraine said it will attempt to master domestic production as soon as possible. In the short-term perspective, Ukraine "perhaps, gets nothing," according to Nikolay Mitrokhin, a researcher with Germany's Bremen University.


Putin likely to escalate Ukraine war, despite Trump peace push, sources say

The Japan Times

Smoke rises from an oil refinery following a Ukrainian drone attack on Moscow last month. Kremlin insiders say recent Ukrainian strikes have strengthened Russian President Vladimir Putin's resolve to keep fighting. Russian President Vladimir Putin is rejecting calls to negotiate peace with Kyiv, three sources close to the Kremlin said, with Ukraine's recent drone strikes on Russia's oil refineries and ports strengthening his resolve to keep fighting for now. Two of the sources, speaking on condition of anonymity, said that Putin was instead likely to escalate the conflict, now well into its fifth year. One of them, who meets regularly with the president, described a "high probability" of escalation in the coming months.


Zelensky to press Nato for air defence systems after intense Russian strikes

BBC News

Ukraine's president plans to use the Nato meeting in Turkey to urge Kyiv's allies to deliver the air defence systems it urgently needs to protect it from escalating Russian attacks. Volodymyr Zelensky's call for help rings with extra intensity after Russian missiles rained down on the Ukrainian capital twice in less than a week, crashing into blocks of flats and killing more than 50 civilians. The summit in Ankara will also be a chance for Zelensky to hold a crucial meeting with Donald Trump and press home his case that Russia's brutal attacks are a show of weakness, not strength, and that Vladimir Putin should be pressured into talks towards a dignified peace. The latest strikes on Ukraine come as it has been stepping up its own long-range drone attacks against Russia, hitting oil refineries and military targets there and causing significant fuel shortages and power cuts. To play this video you need to enable JavaScript in your browser. Russian social media accounts are full of videos of people queuing for hours to buy petrol and fighting over what little they're allowed.


Why Ukrainian strikes on annexed Crimea are a blow to Putin

BBC News

To play this video you need to enable JavaScript in your browser. A resident inside Crimea has told the BBC the situation there is catastrophic, as Ukrainian drones strike oil refineries and power plants on the peninsula, as well as military targets. The strikes on Russian-annexed Crimea have increased significantly in recent weeks - partly to cut off supply lines to Russian troops attacking Ukraine from the south. Eastern Europe correspondent Sarah Rainsford explains why Kyiv is striking now and why the peninsula matters to Vladimir Putin personally. Updates from your News topics will appear in My News and in a collection on the News homepage .


Ukraine hits major oil terminal in Russia's St Petersburg

BBC News

Image caption, Ukraine's military described St Petersburg's oil terminal as one of the largest in Russia A major oil terminal in Russia's second city of St Petersburg in the north-west was struck overnight by Ukraine, President Volodymyr Zelensky has said. He described it as key infrastructure that generates revenue for Russia's war. Ukraine also said a major Russian naval base in the region was hit. St Petersburg Governor Aleksandr Beglov said the city was under a massive drone attack, admitting the oil terminal was hit. Ukraine has recently intensified its long-range drone attacks on Russia's critical energy infrastructure, causing widespread fuel shortages.


Ukraine hits oil and military facilities near Russia's St Petersburg

Al Jazeera

Is the war entering a new phase? A wave of Ukrainian long-range drones has struck the St Petersburg region overnight, hitting an oil terminal and a Baltic Sea port in one of the largest deep-strike operations targeting President Vladimir Putin's home city. Leningrad region Governor Alexander Drozdenko said air defences shot down 72 unmanned aerial vehicles (UAVs) over the region on Saturday. Russian authorities briefly halted flight operations at Pulkovo Airport and throttled municipal mobile internet networks to jam the drones' cellular-backed navigation systems. St Petersburg Governor Alexander Beglov said that one drone crashed in the grounds of the 18th-century Peterhof Palace complex, and another hit an oil terminal in the city's Kirovsky district.