Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Russia's economy struggles under heavy military spending and sanctions, facing potential rate hike to 25%.

flag Russia's economy is facing difficulties due to its war in Ukraine, with nearly 71% of state spending allocated to the military, impacting social services and causing inflation. flag The Central Bank of Russia has kept the discount rate at 21%, but an increase to 25% may be necessary in February 2025 if economic issues persist. flag Heavy defense spending, labor shortages, and Western sanctions are expected to challenge Russia's economy in the coming year.

16 Articles

Further Reading