Russia has cut its 2025 economic growth forecast amid high interest rates and spending on the war in Ukraine. Speaking on FRANCE 24, Alexander Kolyandr, Senior Fellow with the Democratic Resilience Programme at the Centre for European Policy Analysis, says that the stimulus provided by spending for the war in Ukraine ‘cannot last forever’, and that ‘this party is almost over’ as wages stagnate and inflation remains at historic highs.
Trending
- I still prefer Apple Watch over Oura Ring for 3 key reasons – but there is one big drawback
- Lisa Cook firing: Trump’s attack on the Federal Reserve is undemocratic
- Property tax threat is slowing down housing market, say UK agents | Housing market
- “They didn’t have autism in my day,” claims man with thorough knowledge of the history of the Caledonian Railway
- Nvidia (NVDA) Earnings: BTC, ETH, XRP Little-Changed
- Kelley Wolf Arrested Amid Custody Battle With Scott Wolf
- Man United shocked by fourth-tier Grimsby Town in penalty kicks, bounced from League Cup in second round
- US Open tennis 2025: Norrie sets up Djokovic date, Draper withdraws after Raducanu win – as it happened | US Open Tennis 2025