Russia economy under strain as deficit widens and strikes deepen
Russia's economy is showing fresh signs of strain as a widening budget deficit and deeper Ukrainian strikes test its resilience. A new report says growth is expected to slow to its weakest pace since 2022, even though Moscow has so far withstood years of Western sanctions and war spending. The picture is complicated by a separate windfall from higher global energy prices linked to the war in the Middle East, which has lifted Russian oil revenue.The report says the budget deficit is widening and that Ukrainian strikes are reaching deeper into the economy. It also says Russia still has more... [Continue Reading]
360LiveNews | 12 Aug 2026 17:05 LONDON
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