Free Republic

Vladimir Putin is facing an economic crisis on multiple fronts as the rouble collapses and inflation soars. The head of the Russian Central Bank, Elvira Nabiullina, looks set to compound Moscow's economic misery further as she warns that inflation is continuing to rise. She warned on Wednesday that interest rates may have to be hiked further but added that the decision is “not predetermined.” Ms Nabiullina said: “We have indicated that the Central Bank is open to the possibility of raising the rate, but I want to emphasise that this is not predetermined. "Yes, there is a new pro-inflationary factor,...

Vladimir Putin's new 'wonder-weapon' caused little damage when he unleashed it on Ukraine, satellite pictures show, despite Russian claims that a defence plant in Dnipro was 'erased to dust'. Furious Russian pro-war military pundits are questioning if they have been misled by Putin's boastful claims over the 'unstoppable' Oreshnik.

Russia will not accept a reported Turkey-formulated proposal to end to the fighting in Ukraine after nearly 1,000 days of war, the Kremlin said on Monday, as the prospect of a ceasefire that had long seemed unrealistic looms over the horizon with a new U.S. presidency. Bloomberg reported on Sunday that Turkish President Recep Tayyip Erdogan was preparing to present a plan to fellow G20 leaders, which would freeze the war in Ukraine along the front lines currently snaking for hundreds of miles through the country. The Turkish leader would lay out the plans during the summit in Rio de...

THIS is the incredible moment fearless Ukrainian troops wipe out an entire Russian column with huge explosions and rampant gunfire. Ukraine's Leopard tank blitz took out 47 of Vladimir Putin's men, eliminated three armoured military trucks and blasted away two tanks. The dramatic footage, appearing to be from the city of Kurakhove in eastern Ukraine, shows a convoy of Russian tanks and motors steaming down a road before being spotted by Ukrainians. Several rounds of heavy gunfire then ring out in the clip as sparks fly towards Putin's military might. Giant clouds of smoke billow into the Ukrainian sky as...