Russia's war efforts are masking issues with inflation, currency, and oil revenue, economists told BI.

I'm not on Russia's side — but unfortunately the reality of it is that the way the war in Ukraine is going to end is with a negotiated settlement,” he said.

Russian officials say more than 100 Ukrainian drones were shot down, sparking a wildfire and setting an apartment block alight in one of the largest barrages over Russian skies.