Russian war spending has hit a new record of $20M per hour. According to the German Institute for International Security Studies, Russia’s spending on “national defense” reached an unprecedented $43.28B in the third quarter. Compared to the s... #DefenseSpendingRussia #RussiaBudget #WarinUkraine
Ukraine might receive less aid from the US after Trump’s inauguration, but Russia is also running out of money. US President-Elect Donald Trump said that he will try to end Russia’s war against Ukraine. At the same time, Ukraine will probably receive less aid after he takes office. Meanwhile, Russia may l... #DefenseSpendingRussia #DonaldTrump #MilitaryAidforUkraine #RussianEconomy #RussianOil #RussiaProfits
ISW: New signs of future problems in the Russian economy. According to the Institute for the Study of War, the Kremlin recently adopted several measures aimed at reducing public spending on treating wounded Russian servicemen, fighting inflation, and solving... #DefenseSpendingRussia #InflationRussia #Putin #RussianEconomy #WarinUkraine
Russia’s upcoming financial crisis may provide a chance to end the war. The Foundation for Defense of Democracies notes that the Kremlin plans to spend $145B of its total $436B state budget on defense in 2025. This is more than 6.3% of Russia’s GDP, and the country’... #DefenseSpendingRussia #Kremlin #RussiaBudget #RussianEconomy #SanctionsAgainstRussia
The EU countries have helped Moscow to finance 1.5 years of war by buying Russian energy sources. Although the EU countries began to reduce their dependence on Russian energy products after the start of the full-scale invasion, they continued to import them. In total, the money Russia earned from ... #DefenseSpendingRussia #EnergySourcesRussia #RussianEconomy #RussiaProfits #WarinUkraine
Moscow still has dangerous combat forces that will enable it to engage in war, and oil revenue will be enough to finance aggression for several years. The commander of NATO forces in Europe, American General Christopher Cavoli, said that Russia has suffered significant losses in Ukraine but still has “dangerous fighting forces” that are ... #ChristopherCavoli #DefenseSpendingRussia #MilitarySpending #SanctionsAgainstRussia #WarinUkraine
Russia spends a record $317M per day on war in Ukraine. In the first half of 2024, the Russian Federation spent a record ₽5.3T on its military, according to the German Institute for International Security and Affairs. Compared to the same period last year,... #DefenseSpendingRussia #RussiaBudget #RussianEconomy #WarinUkraine
The Russian Central Bank is sounding the alarm over an economy inflated by military spending. On September 13, the Russian Central Bank raised the key policy rate to 19% per annum for the eighth time. This level has been achieved only once in the last 20 years – in the first weeks of the full-... #DefenseSpendingRussia #RussianCentralBank #RussianEconomy #WarinUkraine
