“Inflation is getting out of control in Russia, the analyst emphasized.”, — write: www.unian.ua
Inflation is getting out of control in Russia, the analyst emphasized.
Putin’s spending on the war against Ukrainians is hitting Russia’s economy, the expert said / collage from screenshot and photo UNIANThe war in Ukraine against the Russians continues, and the Russian Federation spent more than a billion dollars on a massive attack on Ukrainian territory at the end of August.At this level of spending, the Russian authorities will ultimately have to significantly redistribute the budget or cut spending in other areas, as inflation “gets out of control,” Maximilian Hess, a researcher at the Institute for Foreign Policy Research, told Business Insider.
According to his prediction, Russian dictator Vladimir Putin is ready to put the entire Russian economy at war, and there are no signs that the situation will change. “There is no real opposition to this in the Russian elite, so the situation will not change,” the interlocutor claims.
Important news about the war against the Russian Federation – what has already been reportedRussian invaders used 109 attack drones and 127 missiles of various types during the attack on Ukraine on August 26. Ukrainian soldiers managed to shoot down a large number of drones and missiles, but there are also attacks, in particular, on energy infrastructure facilities. The mass media estimated that the massive combined attack on our territory cost the Russians approximately 1.2-1.3 billion dollars.
Journalists added that the Russian Federation directed more air targets on Ukrainian territory only on the first day of the full-scale invasion – according to the Pentagon, then the invaders used 160 missiles.
At the end of August, it became known that the price of some products in Russia had risen significantly, and Vladimir Putin demanded from the government and the Central Bank to reduce inflation. According to economic expert Yaroslav Romanchuk, it should not be assumed that the Russian economy will “soon collapse”. At the same time, the analyst noted that the number of “weak spots” in the economy of the Russian Federation is increasing.
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