1. Russia's Elites Feeling Pinched By Slow Growth.
- Author
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KURMANAEV, ANATOLY and Matsnev, Oleg
- Subjects
- *
RUSSIAN invasion of Ukraine, 2022- , *INTEREST rates , *ECONOMIC elites , *ECONOMIC expansion , *PRICE inflation - Abstract
The article delves into the economic struggles faced by Russia's elites amidst slow growth and the ongoing conflict with Ukraine. Despite challenges like currency depreciation and loan difficulties, the Russian economy remains stable, with real wages increasing and government funding for the war effort. Additionally, the rise of nationalist parties in Romania, particularly AUR led by an ultranationalist figure, has caused political unrest and raised concerns about the country's stability and its relationships with Western allies, Russia, and Ukraine. Germany's support for Ukraine in light of potential shifts in military aid is also highlighted in the article. [Extracted from the article]
- Published
- 2024