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MOSCOW (Reuters) -Russian President Vladimir Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to...
Russian President Vladimir Putin has replaced his defense minister and a long-time close ally Sergei Shoigu with an economist, a major reshuffle of military leadership more than two years after...
Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former deputy prime minister who specialises in economics, for the job more...
Putin has sought to increase Russian military and economic presence in the Arctic. In August 2007, a Russian expedition named Arktika 2007 , led by Artur Chilingarov , planted a Russian flag on the seabed below the North Pole to underline Russia's 2001 claim submission . [37]
According to economist Sergey Guriev, Russian economy after 2022 has practically split into two parallel ones: the military economy, that runs on orders placed by the government with the military industries and payments to soldiers, which has observed growth; and the civilian sector that heavily suffers from high inflation, price increases ...
Logistics: The hidden challenge for Putin's militaryaol.com- How the brutal WWII siege of Leningrad explains Putin's thinking on Ukraineaol.com
- Putin's approval rating soars since he sent troops into Ukraine- state pollsteraol.com
- New US sanctions target more in Putin's power structureaol.com
David Malpass, president of the World Bank Group, warned of far-reaching economic and social effects, and reported the bank was preparing significant economic and fiscal support to Ukraine and the region. Economic sanctions affected Russia from the first day of the invasion; its stock market fell by up to 39% .
President Vladimir Putin on Monday appointed former deputy economy minister Oleg Savelyev as a deputy defence minister, according to a published decree, in a further sign of his intention to ...
On 17 June 2022 Putin stated at the St. Petersburg International Economic Forum that Russian was not against Ukraine joining the EU, "because it is not a military organization, a military-political bloc, such as NATO."
Andrei Belousov, 65, is a civilian economist who served as the first deputy prime minister in the government that was reshuffled after Putin’s inauguration last week.
Russia's official 2022 military budget is expected to be 4.7 trillion rubles ($75bn), or higher, and about $84bn for 2023, 40% more than initial military budget announced in 2021. Reuters reported that governments documents showed military spending would exceed $100bn in 2023.