UK intel: Russia struggles to curb inflation as bankruptcies likely to surge
Russia’s ruble rises to 81 per dollar, but inflation hits 10.1%, deepening fiscal strain as energy revenues shrink in ruble terms, per UK intelligence.
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labor shortages
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ISW: Poll shows Russians increasingly support war on Ukraine despite economic toll
46% of Russians support the invasion of Ukraine, rejecting troops withdrawal without Kyiv's full capitulation, while 54% report worsening war-related hardships.
ISW: Russian economy shows distress signs despite Kremlin’s strong-year-for-economy claims
As the war against Ukraine strains Russia’s economy, the Kremlin launches a campaign to project false stability despite mounting fiscal challenges.
ISW: Economic limitations will likely hinder Kremlin’s fight against demographic decline
Regional initiatives to boost Russia's population through maternity payments confront economic limitations, with the Central Bank defending high interest rates.
ISW: Putin claims GDP grew 4.1% in 2024 as cash savings hit historical low
Amid concerns over inflation, the Russian Central Bank is contemplating a 25% interest rate hike, signaling economic challenges despite Putin’s claims of growth.
