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48%  
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  • Russia's economy is so driven by the war in Ukraine that it cannot afford to either win or lose, economist says

    04/30/2024 6:04:01 AM PDT · by canuck_conservative · 58 replies
    Business Insider / msn.com ^ | April 21, 2024 | Jennifer Sor
    "Military pay, ammunition, tanks, planes, and compensation for dead and wounded soldiers, all contribute to the GDP figures. Put simply, the war against Ukraine is now the main driver of Russia's economic growth" Foucart said... Other areas of Russia's economy are hurting as the war drags on. Moscow is slammed with a severe labor shortage, thanks to young professionals fleeing the country or being pulled into the conflict. The nation is now short around 5 million workers, according to one estimate, which is causing wages to soar. Inflation is high at 7.4% — nearly double the 4% target of its...