On Tuesday, February 18 at 11:30 a.m. ET, the Atlantic Council’s Eurasia Center hosts a discussion exploring the impact of Russia’s war in Ukraine to-date on the Russian Federation and its global standing.

February 24, 2025 marks three years of Russia’s full-scale war against Ukraine, which has upended millions of lives—killing civilians and separating families—and wrought major destruction on much of Ukraine. In carrying out its violence, Russia has expended huge human, military, and economic resources in its campaign to eradicate Ukrainian identity and nationhood.

This drain on resources has notably also had an impact inside Russia. While the Russian economy bounced back in 2023 after weathering the initial impact of sanctions and global isolation in 2022, more recently inflation rates have soared as the ruble declines and worsening labor shortages and government stimulus to military companies have threatened to overheat the economy. Russia has also suffered large-scale military casualties, and Ukraine and its partners have made a significant dent in Russia’s energy empire, simultaneously damaging Russia’s energy supply on multiple fronts including through Ukraine’s increasingly successful drone air campaign.

Andrew D’Anieri, resident fellow at the Atlantic Council’s Eurasia Center, moderates a virtual discussion with experts on possible fractures in Putin’s power in Russia and abroad.