Moscow is "burning the candle at both ends" by loosening monetary policy to prop up growth and expanding wartime spending, wrote ISW analysts.

Russia now controls more than two-thirds of Ukraine’s Donetsk region — the main theater of the ground war. Russian forces have carved out a 10-mile-deep pocket around the Ukrainian troops defending the crucial city of Kostiantynivka, partly surrounding them from the east, south and west.

Ukrainian President Volodymyr Zelensky says he wants a meeting with Russia next week to push forward ceasefire talks.

President Donald Trump’s ultimatum to Russia to accept a peace deal in Ukraine within 50 days or face bruising sanctions has given the Kremlin extra time to pursue its summer offensive.

Founded in 2014 by Modrzewski and Finnish partner Pekka Laurila as a provider of radar imagery of moving ice blocks to Arctic shipping companies, Iceye has become a supplier of military applications since Russia’s all-out invasion of Ukraine in 2022. Its valuation has grown “significantly higher” than $1bn, Modrzewski said.

US President Donald Trump’s 50-day pause ahead of possible secondary sanctions on Russia gifts the Kremlin a window to exploit the incremental gains of recent weeks in Ukraine’s east.

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

Rep. Adam Smith (D-Wash.) said Sunday that President Trump “made an enormous mistake” in blaming the Russia-Ukraine war on the Ukrainians. “I think the Trump administration made an enormous