Source link : https://earth-news.info/general/putin-ally-issues-stark-warning-about-russias-economic-future/
A close ally of Russian President Vladimir Putin has issued a stark warning about the state of Russia’s economy, raising concerns about potential instability and long-term challenges. In remarks reported by Newsweek, the official highlighted alarming economic indicators and cautioned that without prompt and effective intervention, the country could face serious financial repercussions. This development adds a new dimension to the ongoing scrutiny of Russia’s economic resilience amid international sanctions and geopolitical tensions.
Putin Ally Raises Alarm Over Economic Downturn and Rising Financial Instability
A close confidant of President Vladimir Putin has sounded the alarm over what he describes as an accelerating economic downturn that could undermine Russia’s financial stability. Speaking at a recent economic summit, the ally emphasized growing concerns around rising inflation rates, shrinking foreign investments, and the potential for widespread corporate insolvencies. The warnings come amid a backdrop of strained international sanctions and volatile energy markets, which continue to pressure the ruble and disrupt supply chains across key sectors.
Key areas highlighted in the report include:
- Decreased industrial output: Manufacturing and export numbers have declined sharply over the past two quarters.
- Rising government debt: Increased borrowing to finance social programs and military spending is stretching fiscal resources.
- Unemployment concerns: Job…
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Author : earthnews
Publish date : 2025-09-08 05:51:00
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