Desperate Putin faces ‘economic OBLIVION’ as Russian losses pass 40,000


VLADIMIR PUTIN is facing “economic oblivion” due to crippling Western sanctions says a new report, as the nation’s war dead pass 40,000.

Russia has been bombarded with harsh economic sanctions designed to cripple the nation – targeting everyone from rich oligarchs to the despot’s so-called mistress.

And despite the International Monetary Fund (IMF) claiming the nation’s growth is slowly creeping up, a new report from Yale University has forecast “economic oblivion” for Russia

“Putin is resorting to patently unsustainable, dramatic fiscal and monetary intervention to smooth over these structural economic weaknesses, which has already sent his government budget into deficit for the first time in years and drained his foreign reserves even with high energy prices – and Kremlin finances are in much, much more dire straits than conventionally understood,” the Yale economists said.

“Looking ahead, there s no path out of economic oblivion for Russia as long as the allied countries remain unified in maintaining and increasing sanctions pressure against Russia,” the report concluded.

“Defeatist headlines arguing that Russia’s economy has bounced back are simply not factual – the facts are that, by any metric and on any level, the Russian economy is reeling, and now is not the time to step on the brakes.”

Meanwhile, Ukraine’s Ministry of Defence claims that 41,350 Russian soldiers have been killed since the start of the invasion of Ukraine.

They have also claimed to have taken out another six tanks and eight armored combat vehicles since the last figures were released.

Read our Ukraine war live blog below for the latest up-to-date news…

  • Irish President pressured to offer his opinion on wife’s letter about Ukrainian war

    Michael Higgins has come under pressure to explain his thoughts behind Sabina’s recent letter to the Irish Times.

    In her letter, she criticised the paper for not encouraging a “ceasefire” and explained how the only way the war in Ukraine will stop, is if an ceasefire and negotiation is held.

    Government reps have reportedly asked him to explain whether he supports his wife’s views or not, said the BBC.

  • Russian officials call Azov a ‘terrorist group’

    The Russian Supreme Court will give long jail times to the groups members if caught on Russian territory.

    It is thought the Azov group is a volunteer branch of the Ukrainian army.

    The regiment, reportedly has far-right and ultranationalist roots, according to Al Jazeera.

  • Gazprom needs documents to enable return of gas turbine, Russia claims

    Russia’s Gazprom is awaiting documents that will allow the return of the serviced Nord Stream 1 gas turbine from Germany, Kremlin spokesman Dmitry Peskov said on Wednesday.

    Russia has cut gas supplies via the Nord Stream 1 pipeline, a key route feeding Europe with Russian gas, to just a fifth of its capacity, citing technical issues with gas turbines supplied by Siemens Energy.

    The first turbine, at the centre of an energy standoff with the West, is being held up in Germany following servicing in Canada and Russia said that documents are needed to show it does not come under Western sanctions.

  • Will there be World War 3?

    As tensions between Russia and the West continue to rise, many fear the crisis in Ukraine could develop into a wider armed conflict.

    Russian president Vladimir Putin began attacking Ukraine in the early hours of February 24, 2022.

    Officials have warned that escalation of the crisis may see the bloodiest conflict in Europe since WW2, leading to thousands of civilian deaths and sparking a significant refugee crisis in Europe.

    The exact death toll is unknown, though estimates say that uin June 2022 Russia has lost almost 50,000 fighters.

    As Putin’s health deteriorates, there are fears that he could turn to nuclear weapons out of desperation. 

    The use of nuclear weapons would change how Ukraine’s allies view the situation.

    As Ukraine is not a member of Nato the UK, US and allies are aiding the nation without declaring war on Russia.

    However if Russia attacks Nato allies then action would be expected.

  • Ukraine release latest figures

    Ukraine’s Ministry of Defence claims that 41,350 Russian soldiers have been killed since the start of the invasion of Ukraine.

    They have also claimed to have taken out another six tanks and eight armored combat vehicles since the last figures were released.

  • UK’s Ministry of Defence latest update

    The UK’s Ministry of Defence have revealed that Ukraine are likely to have taken out a railway line in Kherson oblast after successfully hitting a Russian ammunition train.

    The Ministry said: “As a result of a Ukrainian strike against a Russian ammunition train in Kherson oblast, southern Ukraine, it is highly unlikely the rail link connecting Kherson with Crimea remains operational.

    “Russian forces are likely to repair the railway line within a few days, although it will remain a vulnerability for Russia forces and their logistical resupply route from Crimea into Kherson.”

  • Russia claims to have destroyed weapons depot in Ukraine

    Russia’s defence ministry said on Wednesday its missiles had destroyed a depot containing weapons supplied by Poland in Ukraine’s Lviv region.

    Theses claims have not been independently verified.

  • Evil Putin wants to ‘DESTROY Ukraine’ & take ‘revenge on Zelensky’

    VLADIMIR Putin’s main ambition is to “destroy Ukraine” and exact revenge on the nation’s brave leader, an exiled oligarch has claimed.

    On Sunday the unhinged Russian dictator signed a new naval doctrine that sets an agenda for crucial areas such as the Arctic and the Black Sea amid his brutal war in Ukraine.

    And former oil baron Leonid Nevzlin, who was forced to flee Russia two decades ago, believes Putin’s plan was to originally annex the country – but now everything has changed.

    Speaking to The Times of Israel, Mr Nevzlin warned: “Putin is trying to destroy Ukraine.

    “We understand it from this unbearable violence and the horrific nature of this war. He destroys Russian-speaking cities, he destroys human beings.

    “This is his way to take revenge — against Ukraine and against Zelensky.”

    It comes as President Zelensky warned citizens remaining in Russian-controlled Donetsk to evacuate the besieged area.

    During his nightly address, the hero leader warned: “The more people leave Donetsk region now, the fewer people the Russian army will have time to kill.

    “We will use all available opportunities to save as many lives as possible and to limit Russian terror as much as possible.”

  • Ship accused of stealing grain cleared by Lebanon

    A ship was accused by Ukraine of stealing grain and selling it unlawfully.

    The ship, the Laodicea, was since redirected to Lebanon for investigations.

    Reportedly, Lebanon has allowed the ship to continue its path after an official told Reuters that “no crime had been committed.”

    However it is now being held in Tripoli due to another seizure order.

  • Ukraine deploying HIMARS rockets with ‘devastating accuracy’ says Pentagon

    The Pentagon has denounced Russian claims that six HIMARS multiple rocket launcher trucks had been destroyed, as “patently false”.

    Todd Breasseale, spokesperson for the Pentagon, said: “Ukrainians are employing, with devastating accuracy and effectiveness, each of the fully accounted for precision missile systems the US, our Allies and partners have provided to defend against Russia’s brutal, criminal invasion.”

    Russia falsely claimed to have destroyed six High Mobility Artillery Rocket System launcher trucks.

    The Kyiv Post reported that 20 large warehouses were blown up by the Ukrainian forces, using the American made weapons.

    This caused major set backs in the Russian invasion, forcing it’s military to scramble to rebuild it’s supply system, particularly for the Kherson and Donbas offensives.

    A launch truck in action, firing the High Mobility Artillery Rocket System (HIMARS) produced by Lockheed Martin during combat trainingCredit: AP
    U.S. military forces fire a High Mobility Artillery Rocket System (HIMARS) rocket during the annual Philippines-US live fire amphibious landing exercise
    U.S. military forces fire a High Mobility Artillery Rocket System (HIMARS) rocket during the annual Philippines-US live fire amphibious landing exerciseCredit: Reuters
  • Russia blames deaths of 50 Ukrainian prisoners of war on Ukraine (2/2)

    The attack, that killed 50 Ukrainian PoW’s, is being heavily disputed by both Russia and Ukraine.

    Ukraine has blamed the attack on Russia, as the prisoners were held in the Russian occupied Donetsk region.

    There are around 75 individuals who were injured and 50 who were killed by the blast, but Russia blamed it on a US supplied HIMARS missile.

    The Geneva Convention states Prisoners of War MUST be treated humanely at all times. It is considered a war crime to kill or injure a prisoner of war.

    Recently, it has been reported that Russian troops have been castrating Ukrainian Prisoners of War.

    A disturbing video circulated the internet, of what appeared to be Russian soldiers mutilating the genitals of a Ukrainian soldier, whom they had captured.

    The act of mutilation severely contravenes the Geneva Convention.

  • Russia blames deaths of 50 Ukrainian prisoners of war on Ukraine (1/2)

    The attack, that killed 50 Ukrainian PoW’s, is being heavily disputed by both Russia and Ukraine.

    Ukraine has blamed the attack on Russia, as the prisoners were held in the Russian occupied Donetsk region.

    The prisoners, mainly comprised of Azov fighters, were accused of being Nazis, and are further accused by Russians of terrorism, which could now land surviving Azov fighters 15 to 20 years in prison.

    There are around 75 individuals who were injured and 50 who were killed by the blast.

    Russia vehemently denies killing the prisoners, and blames it on a US supplied HIMARS missile.

    The Geneva Convention states Prisoner’s of War MUST be treated humanely at all times. It is considered a war crime to kill or injure a prisoner of war.

  • Russians FLOCK to H&M as it launches closing down sale

    The retail giant has pledged to close down it’s Russian stores as a repercussion of the Russian invasion into Ukraine.

    Moscow residents line the streets as they queue to bag a bargain at the store’s official closing down sale yesterday.

    It is permanently exiting the Russian market.

    This means that subsidiaries such as Cos, Monki, Weekday and Cheap Monday will also cease in Russia.

    People line up to enter an H&M store, which was reopened to sell the remaining stock before the company exits the Russian market, in Moscow
    People line up to enter an H&M store, which was reopened to sell the remaining stock before the company exits the Russian market, in MoscowCredit: Reuters
  • Germany accuse Russia of deliberately reducing gas flow

    The German Chancellor has hit out at Russia’s reasoning for reducing the country’s major gas supply once again.

    This has left Germany in a very troubling situation as it is forced to scramble at the last minute to find an alternative source for winter.

    Olaf Scholz confirmed that a key turbine for the gas pipeline can very quickly be delivered when Russia ask for it.

    He reportedly said: “Nothing stands in the way of further transport.

    “There are no reasons why this delivery cannot take place.”

  • In pictures: The result of the Mykolaiv shelling

    Constant shelling of the residential area, Mykolaiv, has resulted in the region being reduced to rubble.

    Pictured, a woman can’t believe her eyes as a residential building is completely torn apart.

    Heavy shelling on Monday 1 August meant that many homes and even a hospital emergency room was set alight.

    Firefighters worked tirelessly to extinguish the roaring flames.

    A Ukrainian woman walks amid the debris of a residential building following night shelling in Mykolaiv, Ukraine, Tuesday, Aug. 2, 2022.
    A Ukrainian woman walks amid the debris of a residential building following night shelling in Mykolaiv, Ukraine, Tuesday, Aug. 2, 2022.Credit: AP
  • Irish President pressured to offer his opinion on wife’s letter about Ukrainian war

    Michael Higgins has come under pressure to explain his thoughts behind Sabina’s recent letter to the Irish Times.

    In her letter, she criticised the paper for not encouraging a “ceasefire” and explained how the only way the war in Ukraine will stop, is if an ceasefire and negotiation is held.

    Government reps have reportedly asked him to explain whether he supports his wife’s views or not, said the BBC.

  • Jeremy Corbyn sparks fury

    JEREMY Corbyn sparked outrage after claiming Britain should not send weapons to heroic Ukraine.

    As civilians in the country were mercilessly slaughtered by Russian troops, Comrade Corbyn whinged about world leaders focussing too much on weapons.

    He told the Al Mayadeen TV station: “Pouring arms in isn’t going to bring about a solution, it’s only going to prolong and exaggerate this war.

    “Hardly any of the world’s leaders use the word peace. They always use the language of more war and more bellicose war.”

    More than 5,000 Ukrainian civilians including hundreds of children have died at the bloody hands of Mad Vlad Putin.

  • Russia’s Supreme Court brands the Azov as terrorists, but what does that mean?

    Here is a run down of everything you need to know about the Azov group.

    The Azov are a branch of the Ukrainian military fighting against the Russian invasion.

    Many were stuck in Mariupol’s steel factory, and have since been captured.

    They have been branded terrorists by the Supreme Court in Russia, meaning those captured could serve 15 to 20 years in prison.

    Russia accuses the Azov of being a Nazi group, accusing it of anti sematic atrocities, while there is no evidence to support this.

    The Azov regiment, hit back at the situation, and said the Kremlin are “looking for new excuses and explanations for it’s war crimes.”

  • Putin’s secret girlfriend slapped with sanctions

    VLADIMIR Putin’s reported girlfriend has been slapped with sanctions from the US government’s treasury department, preventing her from spending the evil tyrant’s money.

    Alina Kabaeva found herself on the federal Office of Foreign Assets Control’s specially designated nationals list.

    This means her assets have been frozen in the US and usually other Americans will be prohibited from dealing with her.

    Kabaeva, who is from Uzbekistan, won gold in the 2004 Olympics in Athens.

    Following on from her sporting career she spent more than six years as a lawmaker in Putin’s United Russia party.

    Putin’s billionaire lifestyle was recently exposed as leaked docs connect him to a network holding property, vineyards and yachts worth nearly £4billion.

    Russia’s president has long been believed to live a luxurious lifestyle off the back of state corruption – with some suggesting he may be one of the world’s richest men with a net worth of up to £160billion

    His wealth is believed to be comparable to the £170bn fortune of Elon Musk, and is thought to exceeds the £135bn and £120bn of Jeff Bezos and Bill Gates.

  • Russia creating strike force aimed at Zelensky’s hometown, Ukraine claims

    Ukraine have said that Russia has started creating a military strike force aimed at President Volodymyr Zelensky’s hometown of Kryvyi Rih.

    They also warned that Moscow could be preparing new offensive operations in southern Ukraine.

    Russia holds swathes of Ukraine’s south that it captured in the early phases of its Feb. 24 invasion, but Kyiv has said it will mount a counter-offensive. It said on Tuesday it had already recaptured 53 villages in occupied Kherson region.

    The southern military command said: “(Russia) has begun creating a strike group in the Kryvyi Rih direction.

    “It’s also quite likely that the enemy is preparing a hostile counter-offensive with the subsequent plan of getting to the administrative boundary of Kherson region.”

  • UK MoD latest

    This is the latest intelligence update from the UK’s Ministry of Defence .

    This is what is happening on the ground in Ukraine.

  • Italy police seize assets from architect linked to Russian

    According to reports, Italy’s tax police have seized assets worth over 141 million euros ($144 million) from an architect who has been linked to Russian President Vladimir Putin, a source familiar with the matter said on Wednesday.

    The tax police sent a statement earlier on Wednesday saying it had seized the assets from a “well-known professional” in Brescia, a town in northern Italy, citing alleged tax offences.

  • Irish President pressured to offer his opinion on wife’s letter about Ukrainian war

    Michael Higgins has come under pressure to explain his thoughts behind Sabina’s recent letter to the Irish Times.

    In her letter, she criticised the paper for not encouraging a “ceasefire” and explained how the only way the war in Ukraine will stop, is if an ceasefire and negotiation is held.

    Government reps have reportedly asked him to explain whether he supports his wife’s views or not, said the BBC.

  • Moscow accuses Washington of fighting a ‘proxy war’

    Russia claims that America has a direct involvement with the war in Ukraine by approving Himars targets.

    The American made Himars artillery has been considered instrumental for Ukrainians making progress against Russia’s invasion.

    Lt Gen Igor Konashenkov reportedly said that Russia had intercepted calls between Ukraine and America.

    America is yet to comment.

  • Russian officials call Azov a ‘terrorist group’

    The Russian Supreme Court will give long jail times to the groups members if caught on Russian territory.

    It is thought the Azov group is a volunteer branch of the Ukrainian army.

    The regiment, reportedly has far-right and ultranationalist roots, according to Al Jazeera.



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