Russian forces continue to assault the positions of Ukrainian defenders. The Ukrainian Defense Forces are disrupting the enemy's plans, inflicting significant losses in manpower and equipment, according to the General Staff of the Armed Forces of Ukraine.

With soaring inflation and the ruble dropping to one of its lowest levels against the dollar since President Vladimir Putin launched his war in Ukraine, this year Russians will have to pay more for the dish, which is traditionally served alongside caviar and tangerines, before the New Year is toasted in.

Ukrainian President Volodymyr Zelenskiy said on Thursday that U.S. President-elect Donald Trump could be decisive in the outcome of the 34-month-old war with Russia and help stop Kremlin leader Vladimir Putin.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

A transnational pipeline was shut down on Wednesday after Kyiv refused to renew a prewar agreement that allowed for the transit of Russian gas through its territory.

Ukraine, which had allowed Russian oil and gas to cross its territory to serve Europe while fighting Moscow’s invasion since 2022, refused to renew the deal.