Moscow’s boom, the provinces’ bust: Russia’s war economy turns predatory (MAP)
Civilian sectors starve as military spending and debt service take 46% of federal spending.
Browsing Tag
Russian economy 2025
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Once pillar of Russian might, steel sector employing 700,000, now reels under lost export under sanctions
Key steelmakers report steep declines: MMK’s steel output down 18%, TMK’s pipes down 22%, and Mechel sales off 11%.