Ukraine - Russia Conflict

https://twitter.com/x/status/1852748188458819852

“Many of those who signed defense contracts a year ago while they did not have to will not be signing up this year. Not because they are against the country, but because they really don't have the resources for it.”- Director of Cherepovets Foundry and Mechanical Plant, economist Vladimir Boglaev explains that the enterprises that fullfil defense orders are not getting paid for them.
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https://twitter.com/x/status/1852763537149730839
 
liveuamap.com

Missile launched from Simferopol district had reportedly crashed in Skvortsovo village, destroying a house. Area is cordoned off Simferopol, Crimea - Ukraine Interactive map - Ukraine Latest news on live map - liveuamap.com

Missile launched from Simferopol district had reportedly crashed in Skvortsovo village, destroying a house. Area is cordoned off. Live Universal Awareness Map Liveuamap is a leading independent global news and information site dedicated to factual reporting of a variety of important topics...
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  • Yet it's precisely butter that's been a headache for Russia, with a 25.7% price increase this year."
 
Bon Plan said:
2 years we are hearing that....
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'Crumbling' is the better word. 21% interest rates, 9+% inflation, 26% inflation on butter, falling ruble, falling revenues. It's slowly happening but it is happening. People said that inflation would correct, it hasn't. The target inflation for this year was 4.0%, Russian couldn't even achieve 2x that figure despite almost tripling interest rates since last summer (7.5% to 21%). The Russian Bank is already warning of more interest rate rises with no limit. They can't stem inflation and people don't want to lend them money even at 21% because there is a growing belief that Russia is printing money into existence and fiddling the figures.
 
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