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Russia Economy Meltdown as Energy Revenues Plummet £330bn in Sanctions 'Turmoil'

Summary by Daily Express
The Kremlin relies heavily on income generated from the sale of oil and gas to help fund its war in Ukraine.

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The hole in the Russian budget is getting bigger, due to Western sanctions and falling oil prices. President Putin is using the state pension fund to finance armaments spending, a sign of pressure from Russia's economy.

tz.detz.de
+2 Reposted by 2 other sources

Western sanctions are digging down the profits of Russia's economy. Putin is supposed to access the pension fund. It's about billions.

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n-tv.de broke the news in on Sunday, June 1, 2025.
Sources are mostly out of (0)