US EditionAs Trump Mulls Sanctions, Russia's Military Economy Slows
48 Articles
48 Articles
Zelenskyy to Newsmax: Don’t Know If Trump Can Stop Putin
Ukrainian President Volodymyr Zelenskyy told Newsmax on Friday that he’s unsure if President Donald Trump can do anything diplomatically to stop Russian President Vladimir Putin’s aggression, but that he does know what it’ll take: sanctions. “Only by losing money will [Putin] be unable to grow his army or increase military spending. That will lead to internal problems. That is a fact. To achieve this, sanctions must be imposed,” Zelenskyy said i…
The oil price is low, while the war boom of the Russian economy is ending. Hectic rochads from Putin's power apparatus give an idea of the consequences of this.
Despite efforts to maintain stability through military spending, the Russian economy is struggling. Falling growth, a widening budget deficit and sanctions are forcing Moscow to adjust its plans.
After three years of growth that defied sanctions, Russia's heavily militarized economy is slowing. Moscow is facing a deepening budget deficit and weak oil prices. And all this under the threat of further Western sanctions. The report comes from AFP. Huge spending on the military helped Russia avoid an economic collapse after it launched an offensive in Ukraine in 2022. New sanctions Kiev's most important backers head to Canada on Sunday for a …
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