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.Putin's Economy Approaches "Burnout Point"October 28, 2024."The expense of Vladimir Putin's full-scale invasion of Ukraine, as well as his apparent plans to maintain the war, is putting Russia's economy in danger of "burnout," according to new analysis.That assessment by the Institute for the Study of War followed a decision by Russia's Central Bank, led by Elvira Nabiullina, to increase its key interest rate by 2 percentage points to 21 percent—the highest level in modern Russian history.".
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Putin's Economy Approaches "Burnout Point"
October 28, 2024
"The expense of Vladimir Putin's full-scale invasion of Ukraine, as well as his apparent plans to maintain the war, is putting Russia's economy in danger of "burnout," according to new analysis.
That assessment by the Institute for the Study of War followed a decision by Russia's Central Bank, led by Elvira Nabiullina, to increase its key interest rate by 2 percentage points to 21 percent—the highest level in modern Russian history."
