Putin Speaks Russia's Economy Nicely – Follower Sees "Perfect Storm" Rise
3 Articles
3 Articles
Russia's economy is on the verge of recession, say experts and even the Russian Minister of Economic Affairs. But Putin talks little about the concerns: one has a great economic growth, he assures.
In Russia, enterprises are in a pre-defolt state, and since the end of 2024, the economy has shown signs of recession and the risks of "hard landing".
Russian billionaires received record amounts of dividends last year, at a time when the national economy is facing a sharp decline in investment and a credit crunch. According to Forbes, in 2024, the largest companies in Russia transferred to the 50 richest businessmen almost 1.77 trillion rubles – the largest amount in history. For comparison, in 2022 and 2023 this figure did not exceed 1.4 trillion. The biggest beneficiaries were Aleksei Morda…
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