Russia’s Gold Reserve Depletion Signals Mid-2026 Financial Crisis as War Costs Surpass Oil Revenue
Russia has sold 71% of National Wealth Fund gold reserves to finance war. Budget deficit balloons 5x as oil revenue drops 22% ...
War is expensive, and when you wage a war of aggression, prompting some of the biggest economies in the world to then sanction your economy, it can really hurt. Last year, stories about a Russian ...
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, but it’s hitting a wall and U.S. pressure on the energy sector could cause a ...
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