Russia is on pace to run out of financial reserves by this fall, which would cripple war efforts, economist says
- Russia is on pace to run out of financial reserves by this fall, which would cripple war efforts, according to an economist.
- The Russian economy could face corporate and banking collapse with its continued military spending, as suggested by Kennedy's findings.
- Putin has approved a record-breaking defense budget, setting aside 32.5 percent of the government's total spending for 2025.
- Moscow's credit event risk will be of far more immediate concern than slow-burn risks like declining GDP.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left6Leaning Right2Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
