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
- PENGU, Dogecoin, WIF Surge as Meme Coins Stage Double-Digit Recovery
- The 25 best documentaries streaming that capture memorable moments in time
- ‘A full-circle moment for me’: Jack Wilshere confirmed as Luton manager | Luton Town
- Kimmel’s return might just be the spark that late night needed : NPR
- 13 Superfoods That Could Boost Kidney Function
- All 20 surviving hostages freed by Hamas under Gaza peace deal – Axios
- Israel confirms all 20 living captives in Gaza have been released | Gaza
- No, Ethena’s USDe Didn’t De-peg During Friday’s Crash