Russians pull billions amid Kremlin seizure fears
#RussiaEconomy #UkraineConflictRussians are withdrawing billions from banks, fearing Putin may seize deposits to fund the stalled Ukraine war. Capital flight, bond failures, and asset seizures signal a severe liquidity crisis, prompting warnings that Russia cannot sustain escalating military spending. read more
Russia Fires Economist Over Ukraine War Cost Warning
#RussiaEconomy #UkraineWarRussia's top economist Andrei Klepach was fired after warning the nation lags behind the West and China, predicting a social crisis from Ukraine war costs amid mounting economic damage. read more
Russia Fires Economist Over 1917 Revolution Comparison
#RussiaEconomy #PutinRussia fires top economist Andrei Klepach after he compared the economy to the 1917 revolution, warning of social crisis and lagging behind the West, China, and Ukraine. read more
Growing Russian discontent signals trouble for Putin
#RussiaEconomy #PutinNew polling reveals Russian citizens are increasingly critical of Putin's economic policies as Ukrainian attacks and EU sanctions strain finances, with poorer citizens most discontented, though the Kremlin views it as grumbling rather than serious threat. read more
Trump official, Seagal attend Putins economic forum
#Putin #RussiaEconomyRussia’s St Petersburg Economic Forum features unusual US guests including Trump official Rodney Cook, conspiracy theorist Candace Owens, and actor Steven Seagal. Moscow seeks economic support amid rising war costs. read more
Ukrainian drone strike overshadows Putins economic forum
#UkraineWar #RussiaEconomyA Ukrainian drone strike caused a massive black cloud over St. Petersburg, marring Putin’s economic forum. The attack on an oil terminal near the venue highlighted Ukraine’s growing reach and Russia’s vulnerability, overshadowing efforts to downplay the conflict’s impact. read more
Russian Tax Squeeze Threatens Small Business Collapse
#RussiaEconomy #WartimeTaxesA Russian baker's plea to Putin highlights wartime tax strains on small businesses. New VAT rules lower revenue thresholds, forcing closures amid falling demand. The policy aims to boost state budget as oil revenues decline and economic pressures mount. read more