Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding
A financial crisis that has long been predicted by Russia experts and Kremlin insiders appears to have finally arrived as ...
Tag: Ukraine invasion
Russian economy is an ‘illusion’ built on debt, and a banking crisis will explode, intel report says
An energy crisis is already ravaging Russia’s economy, and a banking crisis may soon erupt as a mountain of debt ...
Russia’s fuel crisis is so bad that a mom and her baby waited in line for 18 hours to get gas
The fuel shortage ravaging Russia has forced motorists around the country to wait in endless lines to fill up, evoking ...
Ukrainian drones target Russian oil infrastructure as fuel crisis adds political pressure on Putin
A Ukrainian drone attack struck an oil terminal in St. Petersburg on Saturday, Russian officials said, as Kyiv presses on ...
The end of Putin’s regime will spring from war spending chaos, former central bank advisor says
Vladimir Putin’s grip on power has remained resilient despite the economic woes caused by his invasion of Ukraine, but the ...
Russia warns war costs are ravaging its finances as Ukrainian ‘drone overmatch’ halts Putin’s forces
The Kremlin sounded the alarm on its deteriorating finances earlier this year, just as its war on Ukraine pivoted dramatically ...
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