Cracks In Russia’s War Economy

Cracks In Russia’s War Economy

After nearly four years of fiscal overreach caused by injecting trillions of rubles into the Russian economy, the Kremlin can no longer disguise its distress.

Western sanctions hurt Russia’s war economy

Western sanctions are hurting Russia’s war economy by distorting prices for both imports and exports. Chinese exporters have been charging Moscow more for military-related products given its reliance on their supplies: Prices for such goods rose 87% between 2021 and 2024, a new report found. The West hopes to see Russia completely cut off from suppliers, but it’s a “pretty good outcome” to see Chinese companies “ripping them off,” one sanctions …

Cracks In Russia’s War Economy

The post Cracks In Russia’s War Economy appeared on BitcoinEthereumNews.com. Though Russia’s war machine is slipping, the proposed peace plan by the United States does not take advantage of the economic pressure on Moscow, asking Ukraine to make several concessions. (Photo by Andrew Harnik/Getty Images) Getty Images Russia’s war machine is showing unmistakable signs of strain. After nearly four years of fiscal overreach caused by injecting trill…