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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Russian economy
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RFU News: US delivered its harshest economic blow yet against Moscow after ceasefire rejection
Russian banks can no longer process international energy transactions, endangering the Kremlin's primary war funding mechanism. The expiration of a key exemption also triggers secondary sanctions risk for any nation trading with Moscow.
Hungarian OTP Bank sees 40% profit surge in Russia
The bank increased its Russian business in 2024, boosting profits despite growing pressure on European banks to reduce Moscow ties.
ISW: Russian military recruitment surpasses targets due to financial incentives and prison recruitment
Western aid could deepen Russia’s economic and military strain, pushing Putin toward meaningful negotiations in 2025, ISW says.
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.
EU 16th sanctions package against Russia targets shadow fleet, banks, media outlets, third-country trade
53 entities across seven countries, including China, India, Kazakhstan, the UAE, and Turkey, have been sanctioned by the EU for supplying Russia with dual-use technologies and military components.
Reuters: Russian authorities see rising economic risks, internal reports show
Sources close to the news outlet note that Vladimir Putin himself has grown increasingly concerned about Russia's economy.
Bloomberg: Putin’s strength in Ukraine may be an illusion as Russia’s corporate debt hits $ 446 billion
New economic data shows Russian banks quietly restructuring massive defense loans as corporate debt spikes 70% since the Ukraine invasion, challenging Moscow's image of wartime resilience.
Ukraine arrests $50 million worth of Russian oligarch Deripaska’s assets
Raw materials were stored at a Mykolaiv plant previously owned by Deripaska and were prepared for re-exporting to Russia via the EU.
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.
Welt: Russia arming beyond its needs in Ukraine, threatening NATO
German Maj-Gen Freuding pointed out that Russia’s intentions are uncertain but stressed that the conditions for an attack on the EU are evident.
Russian gas giant Gazprom plans to reduce central office staff by 40%
The corporation evaluates substantial workforce cuts at Saint Petersburg headquarters following reduced European market access due to Russia's invasion of Ukraine.
Russia’s secret $ 250B war fund threatens economic collapse, ex-Bank of America vice chairman says
The Kremlin forced Russian banks to provide $210-250 billion in preferential loans to defense contractors, matching its official military budget.
Russia’s strategic Ust-Luga port targeted by drones for second time in a year
Ukraine's official explains how Russia's Ust-Luga port attacked yesterday enables military operations and Asian trade while serving as political leverage against the Baltic States.
Ukrainian intel: Up to 180,000 Russian prisoners recruited for war in Ukraine
Ukraine's Foreign Intelligence says Russian government eliminates signing bonuses for prison recruits joining Moscow's war in Ukraine amid the economic strain.
ISW: Kremlin prioritizes force generation over economic concerns for 2025
Putin's decree mandates illegal migrants in Russia pass health, language, and legal tests or join the military by 30 April 2025.
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.
Russia makes € 7 billions from fish sales through Dutch ports, envoy says
Russian fishing industry maintains significant EU market presence through Dutch ports, utilizing Norwegian vessels and local infrastructure while generating billions in revenue.
Putin must end Ukraine war by 2025 or face economic collapse, warns ex-energy chief
Despite Russian advances in Ukrainian Donbas, the Kremlin faces a looming economic disaster driven by military spending, reveals Vladimir Milov, Russia's former deputy energy minister and close ally of Alexei Navalny.
War will end when Putin admits Ukraine invasion failure, says Polish FM
Sikorski says Russia's war will conclude when the Russian President recognizes the invasion as a mistake and accepts that his goals are unattainable at an acceptable cost.
