World Bank estimates Ukraine's economy to shrink 8 times more than Russia

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World Bank estimates Ukraine's economy to shrink 8 times more than Russia

The World Bank estimates that none of Ukraine's economy will shrink eight times more than Russia this year because of the war triggered by Moscow's invasion in February.

Russia, however, does not have full control over any of the four provinces it claims to have annexed, after Ukrainian troops reportedly advanced dozens of kilometers in Kherson province. The Russian military acknowledged that Kyiv's forces had broken through in the Kherson region. It said the Ukrainian army and its superior tank units had managed to penetrate the depths of our defence around the villages of Zoltaya Balka and Alexsandrovka.

A Russian court fined Twitch 4 m roubles $68,000 for failing to remove an interview with a Ukrainian politician. The court said that the interview was in violation of Russian laws on the spread of fake information. The laws are used to suppress criticism of Russia's war effort.