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Russia's Defense Spending Soars Amid G7 Sanctions Debate

5/24/2025

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Story summary
  • Russia's military spending skyrocketed by 41.9% to RUB 13.1 trillion, far surpassing Europe's 11.7% defense growth, despite ongoing sanctions. G7 finance leaders condemned the war in Ukraine, signaling potential for stricter sanctions. Meanwhile, Ukraine's push for tougher EU measures faces hurdles from internal divisions and dependence on U.S. support, leaving the EU's military readiness in question.
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