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Story perspectives

Russia Faces Economic Crisis Amid Sanctions and Inflation

1/10/2025

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Story summary
  • Russia's economy is reeling under the weight of international sanctions following nearly three years of conflict in Ukraine. With the ruble plummeting over 50% and inflation surging, energy revenues have taken a hit. Experts warn of a looming recession by 2025, which may compel the Kremlin to rethink its military ambitions.