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Russia’s Wartime Economy Faces Long-Term Erosion From Debt and Military Spending
Budget data showed a 2.8% deficit by the end of July as Russia raised taxes and borrowed at high rates to fund war spending.
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6 Articles
6 Articles
My Mother LodeReposted by 
The Seattle Times
The Seattle TimesRussia’s wartime economy faces long-term erosion from debt and military spending
FRANKFURT, Germany (AP) — The frictions in Russia’s wartime economy are growing, as massive military spending balloons the budget deficit. Consumers and businesses are gloomier. Growth has slowed. None of that, however, signals an imminent financial crisis or economic collapse, economists say. With crucial oil export revenues holding up due to high prices from the...
Winnipeg Free Press+3 Reposted by 3 other sources
Russia's wartime economy faces long-term erosion from debt and military spending
FRANKFURT, Germany (AP) — The frictions in Russia’s wartime economy are growing, as massive military spending balloons the budget deficit. Consumers and businesses are gloomier. Growth has slowed.
·Winnipeg, Canada
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Total News Sources6
Leaning Left4Leaning Right0Center2Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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