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www.moscowtimes.news/2025/12/18/r...
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www.moscowtimes.news/2025/12/18/r...
Chart below shows budget deficits from 1992-2028 (2025-2028 are planned; deficits will be higher).
Chart below shows budget deficits from 1992-2028 (2025-2028 are planned; deficits will be higher).
2025-2028 are estimates by the Ministry of Finance.
The last time Russia had such large and persistent deficits was in the 90s.
2025-2028 are estimates by the Ministry of Finance.
The last time Russia had such large and persistent deficits was in the 90s.
It is too early to say exactly what the outcome [of discussions about deploying the troops] will be. But clearly, the US will be involved. Clearly, we do not want to repeat the Budapest Memorandum or the Minsk agreements.These security guarantees should be holding
It is too early to say exactly what the outcome [of discussions about deploying the troops] will be. But clearly, the US will be involved. Clearly, we do not want to repeat the Budapest Memorandum or the Minsk agreements.These security guarantees should be holding
🍿 Yikes!
www.moscowtimes.ru/2025/08/18/n...
🍿 Yikes!
www.moscowtimes.ru/2025/08/18/n...
HIV & AIDS are a big problem in Russia
www.moscowtimes.ru/2025/08/18/f...
To save Gazprom, gas prices may start to increase by 20% per year
1/3
To save Gazprom, gas prices may start to increase by 20% per year
1/3
1/3
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Think about what this headline admits that Russia is doing now.
www.kommersant.ru/doc/7674798
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I’m going to try to keep this as simple as possible because there is a Key Rate decision on Friday.
I’m going to try to keep this as simple as possible because there is a Key Rate decision on Friday.
Kremlin Spokesperson Dmitry Peskov announced that the temporary ceasefire on long-range strikes against energy infrastructure ended on April 18. isw.pub/UkrWar041825
Kremlin Spokesperson Dmitry Peskov announced that the temporary ceasefire on long-range strikes against energy infrastructure ended on April 18. isw.pub/UkrWar041825
👉 There’s NEGATIVE GROWTH in the non-defense economy.
Russia raised taxes last year by a substantial amount, but tax revenues have only increased by inflation.
👉 As the non-defense sectors falter, tax revenues will continue to fall flat.
“War economy” = stagflation!
Everyone is talking about the decline in oil revenues RU
But they forget about NON-oil tax revenues
Starting from the 2nd half of 2024, the growth rate fell from 37% to 10%, in real terms it is 0%, and this is despite the increase in the tax rate!
👉 There’s NEGATIVE GROWTH in the non-defense economy.
Russia raised taxes last year by a substantial amount, but tax revenues have only increased by inflation.
👉 As the non-defense sectors falter, tax revenues will continue to fall flat.
“War economy” = stagflation!
28 more people injured, including 4 children.
A lot of buildings and vehicles damaged. It took 173 rescuers to put out the fires caused by the Russian attack.
28 more people injured, including 4 children.
A lot of buildings and vehicles damaged. It took 173 rescuers to put out the fires caused by the Russian attack.
But also…donkeys
www.interfax.ru/russia/1020618
But also…donkeys
www.interfax.ru/russia/1020618
Because Russia isn’t really making any meaningful efforts to improve it. Most of it is just decorative.
www.moscowtimes.ru/2025/04/11/a...
Because Russia isn’t really making any meaningful efforts to improve it. Most of it is just decorative.
www.moscowtimes.ru/2025/04/11/a...