Russia's economy faces heightened inflation, mainly due to surges in defense spending, challenging economic stability amid its war in Ukraine. The Central Bank's policies and the risk of an overheating economy present additional complexities in managing the situation, as per UK intelligence.
Ukraine’s Central Bank chief resigns in protest of demands to “print money,” raise inflation, and devaluate hryvnia
[editorial]The governor of Ukraine’s Central bank Yakiv Smoliy has resigned citing “systematic political pressure,” leaving Zelenskyy’s reform credentials…
Because of Western sanctions, the Russian economy will lose annually more than $20bn. The former Finance Minister Alexei…