U.S. Senator Chris Coons (D-Del.) told CNBC on Friday that he had long been impressed by Alexei Navalny’s “courage” and “determination.”

“The world watched in horror at an attempted assassination by poisoning several years ago, and that he chose to go back to Russia, to continue to try and be a voice for democracy, a voice for the Russian people, was inspiring,” Coons said, adding that reports of Navalny’s death were “heartbreaking.”

— Elliot Smith

Imprisoned Russian opposition politician Alexei Navalny has died, state news agency Tass reported on Friday, citing the prison service of the Yamalo-Nenets region where he had been serving his sentence.

Navalny was one of Russian President Vladimir Putin’s most vocal critics and had been serving a 19-year jail term. Navalny’s press secretary Kira Yarmysh said in a Google-translated post on X that she had yet to receive confirmation of his death.

“The Federal Penitentiary Service in the Yamalo-Nenets District is disseminating news about the death of Alexei Navalny in IK-3. We don’t have any confirmation of this yet,” she said, according to a Google translation.

“Alexey’s lawyer is now flying to Kharp. As soon as we have any information, we will report it.”

CNBC could not independently verify the report.

– Elliot Smith

The Central Bank of Russia on Friday kept the country’s key interest rate unchanged at 16%, bringing to an end a run of five successive hikes since last summer.

The central bank noted that inflationary pressures “have eased compared with the autumn months but remain high.”

“The return of inflation to target in 2024 and its further stabilisation close to 4% assume that tight monetary conditions will be maintained in the economy for a long period,” the board of directors said in its report.

Domestic demand is still outstripping production capacity for goods and services, the report added, meaning that a “judgment on the sustainable nature of emerging disinflationary trends would be premature.”

Prior to Friday’s pause, the central bank had lifted rates by 850 basis points since July, which included an emergency off-diary hike in August amid a plunge in the value of the ruble and pressure from the Kremlin.

– Elliot Smith

Ukrainian Deputy Prime Minister Olga Stefanishyna told CNBC on Friday that the war has reached something of a stalemate on the front lines, as she prepares for meetings with allies and partners at the Munich Security Conference.

“The situation on the battlefield is heavy and basically we’re still at the same hard phase of war as it was for the last year, the front line has not been moving significantly at any side, meaning that to hold the front is the fight itself,” Stefanishyna told CNBC’s Silvia Amaro on the sidelines of the conference.

She said Kyiv was focused on advancing its technological capabilities and securing the Black Sea, where the military has carried out some “bright operations” in recent months.

“The most complicated part is that still we face a mass of missile attacks throughout the territory of Ukraine, and so far Ukrainians feel safe in most of the areas of Ukraine because they know that the sky is secured,” Stefanishyna added.

Ukrainian President Volodymyr Zelenskyy will attend the Munich Security Conference on Saturday, as Kyiv looks to secure further military assistance in the face of persistent delays in Washington.

Stefanishyna had a message for U.S. Congress, where the Senate’s $95 billion aid bill faces an uphill battle in the Republican-led House of Representatives.

“We’re dying and we might die and not be standing here, so it’s vital for me and the 48 million Ukrainians,” she said, adding that if Ukraine endured further suffering due to politicians’ failure to agree on support, Kyiv “would remember that, of course.”

“Moreover, I think the major message on my side is that there is no way for Ukraine not to prevail in this war, there is no way [for] Europe not to restore it’s security and peace, there is no way [for] Europe not to become stronger, more capable to defend itself — it’s only a matter of time.”

— Elliot Smith

Ukrainian President Volodymyr Zelenskyy is expected to visit Germany and France on Friday in a bid to secure crucial military assistance and bilateral security commitments.

Berlin and Paris could become the second and third Ukrainian allies to sign bilateral security pledges with Kyiv, after the U.K. signed a cooperation agreement in January that vowed to provide “comprehensive assistance to Ukraine for the protection and the restoration of its territorial integrity within its internationally recognised borders.”

With U.S. military aid held up for months by Republicans in Congress, Ukraine is struggling with a shortage of ammunition stockpiles, particularly in combat hot spots such as the eastern city of Avdiivka.

“We are making every effort to ensure that these agreements are strong for Ukraine, and I am confident that they will be,” Zelenskyy said in a post on X.

“We are developing a new security architecture for our country that will benefit us not only here and now, but also in the long run. This is something Ukraine never had but has always needed.”

— Elliot Smith

Ukrainian troops are withdrawing from some areas of the eastern town of Avdiivka to seek better positions after months of intense combat.

Military spokesperson Dmytro Lykhoviy said in televised remarks that one of Ukraine’s most renowned fighting units, the Third Assault Brigade, had been scrambled to Avdiivka as reinforcement, according to Reuters.

The city lies just north of the regional center of Donetsk, and capturing it is critical to Russia’s goal of securing total control of the Donetsk and Luhansk provinces, which make up the industrial Donbas region of eastern Ukraine.

Moscow has devoted substantial battlefield resources to encircling and capturing the city, and Ukraine’s dwindling supply lines have left its forces vulnerable.

In a post on the Telegram messaging app on Thursday, the Third Assault Brigade confirmed it was “urgently redeployed to strengthen Ukrainian troops in the Avdiivka area,” and describe the situation there as “hell,” according to a Google translation.

“We are forced to fight at 360 degrees against new and new brigades that the enemy is bringing in,” Commander Andriy Biletskyi was quoted as saying, while the post described the situation as “threatening and unstable.”

“The enemy continues the active rotation of its troops, and throws new forces and means into the city,” it added.

— Elliot Smith

The White House on Thursday confirmed that Russia is developing an “antisatellite capability.”

National Security Council spokesperson John Kirby told a press briefing that “there is no immediate threat to anyone’s safety” and that the device is “not an active capability and it has not yet been deployed.”

The intelligence declassified by the government does not confirm whether there is a nuclear component to the Russian weapon, but Kirby said it “would be a violation of the Outer Space Treaty to which more than 130 countries have signed up, including Russia.”

The Wall Street Journal reported Wednesday that the remaining classified information suggests Moscow is trying to develop a nuclear weapon in space to target satellites.

— Elliot Smith

Photos published via Getty Images on Thursday showed tractors blocking a road during a demonstration by Polish farmers and protesters gathered outside local offices for the European Commission in the southwestern city of Wroclaw.

Polish farmers have been protesting against the European Union’s agriculture policies, including allowing cheap grain imports from Ukraine.

Russia’s Supreme Court on Thursday rejected two legal challenges by anti-war candidate Boris Nadezhdin after he was disqualified from next month’s presidential election, Nadezhdin said.

Nadezhdin had hoped to stand against President Vladimir Putin but was barred last week by the electoral commission, which said it found irregularities in the list of supporters’ signatures he had presented in support of his candidacy.

— Reuters

Russian President Vladimir Putin said he preferred Joe Biden as the next U.S. president over Republican frontrunner Donald Trump, who fell under intense scrutiny for his relationship with the Kremlin during his presidency.

″[Biden] is more experienced and more predictable. He is an ‘old school’ politician. But we will work with any U.S. leader, elected by the people of America,” Putin told journalist Pavel Zarubin late Wednesday, according to Russian state-controlled news outlet Tass.

The Trump and Biden presidential campaigns did not immediately respond to CNBC’s requests for comment.

Read the full report here.

— Ruxandra Iordache