Economic war of attrition takes toll on Russia, West – WSJ

Latest news Ukraine

Costs are mounting on both sides as invasion, sanctions, and Moscow’s tactics drive up inflation, and interest rates.

“The coming months will prove crucial in determining who gains leverage in this economic war, analysts say, with Russia struggling to find imports for its military and economy, and Western nations maneuvering to replace Russian energy,” WSJ says.

Ukraine needs independent journalism. And we need you. Join our community on Patreon and help us better connect Ukraine to the world. We’ll use your contribution to attract new authors, upgrade our website, and optimize its SEO. For as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!