Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Russia is 'teetering on the brink of a recession' and headed for a disastrous harvest, while Putin's other top source of
cash plungesVladimir Putin has staved off additional U.S. sanctions, for now, as he bought more time to prosecute his war on Ukraine by meeting with President Donald Trump in Alaska last week, sparking a flurry of diplomatic activity as European allies try to forge security guarantees for Kyiv. But time may not be Russia’s ally as its economy comes under increased strain.
Russia could slip into a recession soon and is having its worst harvest in 17 years, further straining an economy that’s already seen energy revenue plunge.
For now, Vladimir Putin has staved off additional U.S. sanctions, as he bought more time to prosecute his war on Ukraine by meeting with President Donald Trump in Alaska last week, sparking a flurry of diplomatic activity as European allies try to forge security guarantees for Kyiv.
But time may not be Russia’s ally.
https://finance.yahoo.com/news/russia-teetering-brink-recession-headed-221324804.html