The Russian economy is losing resilience amid the prolonged war in Ukraine and sanctions. Key sectors are experiencing a downturn, and banks are preparing for possible government bailouts, Bloomberg reports.

Trump says he’ll impose new economic penalties on Russia within 10-12 days if Putin can’t agree to a ceasefire. His “secondary sanctions” would aim at oil trade.

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

The U.S. president said he is “very disappointed” in Russia’s leader.

Considering Russian President Vladimir Putin was only using the 50-day deadline as an excuse to unleash more destruction on Ukraine, President Trump is right to shorten it to a little over a week.

Donald Trump has given Russia a shorter window of 10 to 12 days to agree a ceasefire in Ukraine or face tighter sanctions, as his frustration with his Russian counterpart escalates.

US President Donald Trump has said he will slash the 50-day deadline he gave for Russia’s Vladimir Putin to reach a ceasefire with Ukraine by weeks, to just “10 or 12 days” from now.

Former US President Donald Trump has shortened his deadline for Russia to halt its invasion of Ukraine, warning of sweeping economic consequences if Russian President Vladimir Putin fails to de-escalate the war within 10 to 12 days.