DEEP DIVE — Practically three years into its expensive conflict towards Ukraine, Russia’s financial system is faltering underneath the pressure of sanctions, inflation, and excessive borrowing prices. Whereas Western hopes that the sanctions would carry financial collapse proved untimely, the cumulative toll is now evident.
After an preliminary wartime growth pushed by protection spending, almost each metric now suggests hassle for the Kremlin – from a drop in financial progress to a spike in inflation to a plunge within the worth of the Russian ruble. All are associated, and all add as much as an issue for Russia because the Kremlin continues to pour cash into the conflict effort.
Entry all of The Cipher Temporary’s nationwide security-focused professional perception by turning into a Cipher Temporary Subscriber+ Member.
Signal Up Log In
