The Russian-Ukraine war has entered its fourth year. In such a situation, Ukraine is now beginning to feel that he cannot trust America anymore for financial and military help. There are signs of recession in his economy. His tired soldiers are constantly struggling to maintain their grip against the enemy. This war has not been good for Russian President Vladimir Putin. Russia’s economy also shows signs of softness due to inflation.
Ukraine President Volodimir Jailonsky said on Sunday that if his resignation brings peace in the country, he is ready to leave his post. He said that he is ready to leave his post in lieu of Nato’s membership to Ukraine. In a press conference on Sunday, he was asked whether he is ready to leave his post for peace. To this, he said, “If (it means) there is peace for Ukraine and if you really want I leave my position, then I am ready.” “He also said that he can also exchange Nato’s membership.
Ukraine and European Union flag at the third anniversary of the Russian invasion of Ukraine.
America’s changing trend
Donald Trump started his second term on 20 January as an US President. Since then, he has insisted on holding elections in Ukraine. He has described Jailonsky as a dictator. In fact, he referred to the tenure of the President of Ukraine, which ended in 2024. He was also seen holding Ukraine responsible for this war. The war started by Russia on 22 February 2022 by attacking Ukraine. Trump’s criticism of Jailonsky when the relationship between the two leaders deteriorated rapidly in recent weeks. Jailonsky has opposed to hold elections during the war. His stand has also been supported by his opponents in his domestic politics. Jalensky has also said that he wants to see Trump as a partner of Ukraine and a mediator between Kiev and Moscow. He said in a press conference that he wants it to be more than mediation… It is not enough.
US President Trump is demanding billions of dollars sent to support Ukraine in the war against Russia. He is seeking a stake in the rare meaning metal of Ukraine. Actually, the US is negotiating a mineral resource agreement with Ukraine. Trump wants this as a compensation of the war -time assistance given to Ukraine by his predecessor. In return, Ukraine wants to include security guarantee in any agreement with America, as he has been Russian for the last nearly three years The attack is facing.
Russian President Vladimir Putin paying tribute to soldiers killed in war in Moscow.
Meanwhile, the Trump administration has started talking to him to end the Ukraine war by restoring diplomatic relations with Russia. Ukraine has not been included in this conversation yet.
Economic crisis related to Russia-Ukraine war
It was already clear that Russia’s attack in Ukraine would prove to be an economic disaster for the world. The data of inflation of both countries shows that citizens of both countries are affected by this war. Inflation in Russia is 9.5 percent and Ukraine is up to 12 percent.
According to data from the International Monetary Fund (IMF), Russia’s GDP fell to -1.3 per cent at the beginning of the war, but it has been 3.6 per cent every year in the last two years. But now there are signs of recession in the Russian economy. Due to high rates of interest and inflation, sales and new orders are being seen declining in various sectors. Russia’s Economy Minister Maxim Rakhatikov recently said, “Based on the results of November and especially December, we are seeing that Vikas has stopped … The pace of development in many industries has slowed down, especially In the field of food industry, chemical industry, wood production and machine manufacture, there has been a decrease in orders from various businesses. ”
He said that his ministry is working closely with the Union Bank and the Ministry of Finance to connect the monetary and fiscal policy. He has been quoted as saying that there is a search for a balance between curbing inflation and economic development.
Russia Ukraine War is affecting the economy of both countries.
Where is Ukraine’s economy standing
At the same time, Ukraine is in a better position as an independent country, as its GDP had fallen by 36 per cent by the summer of 2022, but in 2023, its GDP reached 5.3 per cent A. It was three per cent in the year 2024. According to the forecast of Ukraine’s Ministry of Economy, the pace of development of GDP is expected to be reduced to 2.7 per cent this year, although it is less than 3-4 per cent imposed by Ukrainian analysts and economists. Ukraine has a strong hold on its electricity market and metal reserves.
According to a report by the British newspaper ‘The Guardian’, electricity imports from January 2024 to January 2025 have increased from 123 GW Hours (GWH) to 183 GWH. During this period, exports have increased from five GWH to 85 GWH.
Ukraine has a metal reserves for the next 10 years. Many of these are rare metals. Some people estimate that their price is close to 11 trillion dollars.
A Ukrainian soldier paying tribute to the capital Kiev to the soldiers killed in this war.
How are the ground conditions of both countries
Thousands of Ukrainian citizens have been killed in land, sea and attacks from Russia, while more than 60 lakh Ukrainian citizens have taken refugees abroad as refugees. However, both countries do not say how many of their soldiers have been killed in this war. But the intelligence system says that in this war, either thousands of people have lost their lives or were injured.
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