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Russia's Military Spending Soars Amid Sanctions; Ukraine Fights Back

3/4/2026

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Story summary
  • Russia spends about 10% of its GDP on military spending and nearly half of its federal budget, per German intelligence, with figures possibly 66% higher than official.
  • Sanctions worsen Russia's budget deficit and reduce oil revenues, potentially crippling its war effort.
  • Ukraine allocates about 34% of its GDP to defense, supported by international aid.