$100 Billion For War: Russian Economy On the Verge of Collapse
Russia will spend 100bn dollars on the war against Ukraine in 2023. This was reported by the Financial Times with reference to an interview with the chief sanctions economist at the US Treasury Department. Due to international restrictions on the aggressor country, the federation is lagging far behind other oil and gas exporters. And this is a major revenue item for the Russian budget. The Kremlin is putting the Russian economy on a war footing. What future awaits for the aggressor country’s economy and why Putin's only hope is other totalitarian states?
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