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Foreign minister of Ukraine on President Trump's threat of sanctions: 'sends strong signal' to Ru...

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January 23, 2025

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President Vladimir Putin has grown increasingly concerned about distortions in Russia’s wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, five sources with knowledge of the situation told Reuters.

Russia’s economy, driven by exports of oil, gas, and minerals, grew robustly over the past two years despite multiple rounds of Western sanctions imposed after its invasion of Ukraine in 2022.

But domestic activity has become strained in recent months by labor shortages and high interest rates introduced to tackle inflation, which has accelerated under record military spending.

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President Vladimir PutinDonald TrumpReuters RussiasThe New York PostNew York

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Foreign minister of Ukraine on President Trump's threat of sanctions: 'sends strong signal' to Ru... · New York Post · Sentinel