Putin Scales Back Military Parade, Seems Agreeable to a Ceasefire with Ukraine
Russia has scaled back its annual Victory Day military parade in Moscow, with no military hardware to be displayed amid ongoing challenges in the war in Ukraine and damage from Ukrainian drone and missile strikes on Russian infrastructure. Central bank Governor Elvira Nabiullina emphasized the need for accurate economic data, highlighting discrepancies between official figures and public perception, as Western intelligence agencies allege Russia is underreporting inflation and budget deficits. During a phone call, Presidents Trump and Putin reportedly discussed the possibility of a brief ceasefire in Ukraine, signaling a potential shift in the conflict's trajectory.
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Putin Scales Back Military Parade, Seems Agreeable to a Ceasefire with Ukraine John Sexton 8:00 PM | April 29, 2026 Mikhail Metzel, Sputnik, Kremlin Pool Photo via AP Russia is never going to announce that it is out of steam and on the verge of an economic collapse. On the contrary, Putin's regime has done everything it can to make it appear that all is well despite four years of war and sanctions creating a drain on the country's economy. But there are signs that not all is well if you pay attention.
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