Russia’s stock market surged on Thursday after Trump and Putin had an hourlong call about the war. The call was widely seen as Washington moving to reconcile with Moscow after three years. It’s sparked fears in Europe that the US may abandon its lead position in the West’s bloc against Russia. Russia’s stock market posted…
Putin has signed off on a record defense budget for 2025 amid the ongoing Ukraine war. Defense spending will rise to 13.5 trillion rubles, making up a third of the country’s budget. Russia’s economy faces inflation and ruble decline, despite military-driven activities. Russian President Vladimir Putin has signed off a federal budget that will boost…
Russia enacted a new decree on Wednesday that limits payouts for injured soldiers based on their wounds. Soldiers with less severe wounds now have their $30,000 payout knocked down to $10,000, or even $1,000. Previous foreign estimates found that Russia had to spend 6% of its budget on casualty payouts. Thanks for signing up! Access…