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Russia's economic strength is likely to wane this year, economists say. Putin's economic fantasyThe tailspin Sonnenfeld, Tian, and Guriev are predicting seems contradictory to what Russia is presenting on the surface. Russian inflation is also high, clocking in at 7.58%, according to data from Russia's economic ministry. Guriev doesn't believe Russia's economy will completely unravel, as central bankers will work hard to limit the damage. Advertisement"It's unlikely the Russian economy will spiral into a macroeconomic meltdown, and that the Russian political system will," he said.
Persons: Putin, Joe Biden, , Vladimir Putin, Jeffrey Sonnenfeld, Steven Tian, Tian, Trump's, Sergei Guriev, Sonnenfeld, he's, Guriev, Putin's Organizations: Service, Yale, London Business School, Russia Locations: Russia, Ukraine, Russian, Moscow, Soviet
U.S. officials and defense experts agreed that it's highly likely that IS was responsible for the attack. President Volodymyr Zelenskyy said Saturday that "what happened yesterday in Moscow is obviously just Putin and the other scum trying to blame it on someone else." Moscow openly rebuffed and ignored a warning from the U.S. earlier in March that "extremists" had "imminent plants" to attack large gatherings in Moscow. Law enforcement officers stand guard near the Crocus City Hall concert venue following a reported shooting incident, near Moscow, Russia. Just days before the attack, Putin instructed Russia's security services to focus their efforts on supporting Russia's "special military operation" in Ukraine.
Persons: Vladimir Putin, Mikhail Metzel, Vladimir Putin's, Olga Maltseva, hasn't, Ukraine —, Putin, Ali Cura, Dmitry Medvedev, Medvedev, Volodymyr Zelenskyy, Maksim Blinov, Maximilian Hess, Hess, Putin's, Tatyana Makeyeva Organizations: Sputnik, Afp, Getty, Hall, Islamic State, Ukraine, West, Crocus City Hall, Anadolu, Russia's Security, NBC News, Foreign Policy Research Institute, CNBC, Islamic Locations: Russian, Moscow, Russia, Crocus, Ukraine, Kyiv, Europe, Basmanny, U.S, Chechen, Islamic State, Syria, Afghanistan
Russian President Vladimir Putin making a speech at the second Eurasian Economic Forum on May 24, 2023, in Moscow, Russia. In an interview with pro-Kremlin media published Tuesday, Putin laid out his vision for relations with the West, war and peace. 1) Russia 'technically' ready for nuclear warPutin was again keen to point out that Russia is ready for a nuclear war on a technical and military level. Nonetheless, Putin said Russia would be ready to conduct nuclear tests — if the U.S. did so. It's estimated that the war has cost Russia at least 315,000 dead and wounded troops during two years of war in Ukraine.
Persons: Vladimir Putin, Putin, Dmitry Kiselev, Mikhail Klimentyev, Ria Novosti, Rossiya, We've, Ukraine's, Joe Biden, Jens Stoltenberg, Volodymyr Zelenskyy, Ludovic Marin, Emmanuel Macron Organizations: Economic Forum, Getty, Kremlin, RIA Novosti, Ukraine Rossiya, It's, Afp, Ria, Russian Federation —, NATO, AFP, Ukraine Locations: Moscow, Russia, U.S, Ukraine, Crimea, Europe, Paris
Russia doesn't want a conflict with NATO as it would "lose quickly" the UK's armed forces chief said. Russian President Vladimir Putin doesn't really want a conflict with NATO because in that scenario Russia would quickly lose, the head of the UK's armed forces said on Tuesday. He said that "the biggest reason that Putin doesn't want a conflict with NATO is because Russia will lose. And lose quickly." Even so, Radakin said that Russia would be quickly defeated by NATO forces if it attacked a member state.
Persons: Sir Tony Radakin, Vladimir Putin doesn't, Admiral Sir Tony Radakin, Putin, it's, Radakin Organizations: NATO, Chatham House, Air Force, Navy Locations: Russia, Russian, London, Ukraine, Europe, Chatham, Germany, France, Poland, Baltic, Sweden, Finland, China
Russia's economy appears resilient amid its war with Ukraine which has entered its third year. Military spending has reached 40% of Russia's budget, overshadowing social spending. AdvertisementDespite sweeping Western sanctions over the invasion of Ukraine, Russia posted a GDP growth of 3.6% in 2023 after contracting 1.2% in 2022. Experts say Russia's growth is driven primarily by war spending and subsidies. An International Monetary Fund official told CNBC earlier this month that Russia's economy is starting to look like the Soviet Union's.
Persons: , Putin, Mark Harrison, Harrison, Alexandra Prokopenko Organizations: Guardian, Military, Service, Warwick University, Monetary Fund, Foreign Affairs, Carnegie Russia Eurasia Center, Center of Eastern European, International, International Monetary Fund, CNBC Locations: Ukraine, Moscow, Russia, Russian, Soviet Union, Soviet
Read previewA Russian victory against Ukraine would embolden China, says NATO Secretary-General Jens Stoltenberg. This story is available exclusively to Business Insider subscribers. The NATO chief told Fox News in an interview on Sunday that China could invade Taiwan if Russia wins the war. "While Russia may pose the most immediate challenge, China is the bigger long-term threat," Burns wrote in his article. Representatives for NATO did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Jens Stoltenberg, " Stoltenberg, Putin, Let's, Stoltenberg, Putin doesn't, Shannon Bream, Stoltenberg's, William J, Burns, Wu Qian Organizations: Service, Ukraine, Heritage Foundation, Business, NATO, Fox News, it's, CIA, Affairs, Asia, Business Insider Locations: China, NATO, Europe, Russia, Taiwan, Ukraine, it's Ukraine
NATO chief Jens Stoltenberg warned that Putin achieving his goals in Ukraine sets an example for Beijing. China wants to see how long the US can keep up support to Ukraine, Stoltenberg said. He urged the West to continue aid to Ukraine as funding for Kyiv is questioned in Congress. AdvertisementChina is closely watching how long the US and Europe can maintain support for Ukraine, Jens Stoltenberg, secretary-general of the North Atlantic Treaty Organization, said on Sunday. "So it's not only making Europe more vulnerable but all of us, also the United States, more vulnerable if Putin gets what he wants in Ukraine."
Persons: Jens Stoltenberg, Putin, Stoltenberg, , Shannon Bream, Putin doesn't, Wang Yi Organizations: Ukraine, Service, Atlantic Treaty Organization, Fox News, it's, GOP, NATO, CNN Locations: Ukraine, Beijing, China, Europe, Kyiv, it's Ukraine, Taiwan, United States, Russia, Russia's
Vitaly Brizhaty, a former member of Putin's protection service, says the Russian leader "fears for his life." Putin makes multiple fake travel plans to keep even his own officers in the dark, he said. Brizhaty, who fled to Ecuador, said Putin is a war criminal and condemned the invasion of Ukraine. FSO staff are also cut off from communicating with anyone in the EU, the US, or Ukrainian relatives, as well as anyone who opposes the war, Brizhaty said. Brizhaty was reported as decrying the Russian invasion of Ukraine, saying Putin is a war criminal.
Persons: Vitaly Brizhaty, Putin, Brizhaty, Vladimir Putin's, Gleb Karakulov, Karakulov, Organizations: Service, Federal Protection Service, FSO, Radio Free, Center Locations: Ecuador, Ukraine, Wall, Silicon, Russian, Crimea, Radio Free Europe, Oliva, EU, Russia
Putin didn't punish Wagner boss for his uprising as he needs his fighters, a retired US general told CNN. Hertling also said the meeting between Putin and Prigozhin was likely "an attempt to get [Prigozhin] back on board." But he noted that there is "confusion," with the Wagner Group "being dispersed and, in fact, sort of broken up." The Wagner uprising came after months of public feuding between Prigozhin and Russian military officials, including Russian Defence Minister Sergei Shoigu and the Chief of the Russian General Staff Valery Gerasimov. After the group's mini mutiny, Wagner fighters in Russia were given the choice of going into exile in neighboring Belarus, joining Russia's traditional army, or going home.
Persons: Putin, Wagner, Yevgeny Prigozhin, Mark Hertling, Vladimir Putin, Prigozhin, Hertling, that's, Sergei Shoigu, Staff Valery Gerasimov, It's, Wagner fighters Organizations: CNN, Kremlin, Service, Wagner, Russian Defence, Russian, Staff, Moscow Times Locations: Moscow, Wall, Silicon, Russian, Belarus, Syria, Africa, Russia
The boss of the Wagner Group said Russian troops fled from the front lines of the war in Ukraine. Wagner Group leader Yevgeny Prigozhin made the claims in a scathing video posted on Tuesday. In a video published to Telegram on Tuesday, Wagner Group leader Yevgeny Prigozhin mocked the Russian troops as he detailed how they ran from their positions near the war-torn Ukrainian city of Bakhmut. "So today, one of the units of the Ministry of Defense fled from one of our flanks, abandoned their positions," Prigozhin said. Wagner Group fighters have played a key role in the battle that has been playing out in Bakhmut for months.
Russian drones had "for Moscow" and "for the Kremlin" written on them, Ukraine said. The messages suggest they were retaliation for an alleged Ukraine attack on the Kremlin. The drones had "for Moscow" and "for the Kremlin," written on them, according to a translation by CNN. Operational Command “South"Operational Command South said the messages showed the apparent "reason for the attack." Experts and Western officials have cast doubt on the Kremlin attack.
Another Russian traveler, Lana, also asked that we not use her full name over fears of retaliation from Russian authorities. "Back then, when you say 'I'm from Russia,' the first thing people say is vodka, bears, Matryoshka [dolls], and all that innocent stuff," she said. Anna said telling new people she's Russian has "always been tricky, to be honest, even before the war." Source: Julia AzarovaSince leaving Russia, Azarova said she's not had any confrontations over her nationality. Now she's now no longer afraid to say she's Russian, she said, namely because she can't do anything about it.
Vladimir Putin lives in an "information vacuum," a Russian defector who accompanied him on trips said. Gleb Karakulov told the Dossier Center that Putin doesn't use a cellphone or the internet. Putin instead gathers information from secret service reports and Russian TV news channels, he said. "He only receives information from his closest circle, which means that he lives in an information vacuum." Putin generally gathers information from secret service intelligence reports, as well as Russian TV news channels, according to Karakulov.
Speaking at the World Economic Forum in Davos, Switzerland, North Macedonia President Stevo Pendarovski said that, aside from Kyiv, he believed that the Western Balkan region was the "soft spot" of Europe's security architecture. For sure, the Western Balkans is a second battleground for Russia in terms of foreign interference and information manipulation. Bloomberg | Bloomberg | Getty ImagesĆerimagić said Russia's war in Ukraine provides Europe with a clear opportunity to cement stability in the Western Balkans. "For sure, the Western Balkans is a second battleground for Russia in terms of foreign interference and information manipulation. watch nowNorth Macedonia's Pendarovski last month described the U.S. as a "key player" in supporting Western Balkan countries through Russia's war in Ukraine.
Russia's former president has become one of its most vitriolic figures amid the Ukraine invasion. When Dmitry Medvedev was elected, some saw him representing a more liberal future for Russia. Russian President Vladimir Putin and then-Prime Minister Dmitry Medvedev at the Kremlin in Moscow, Russia, in December 2016. Russian President Vladimir Putin and then-Prime Minister Dmitry Medvedev during the United Russia party congress in Moscow, Russia, in December 2017. Putin became president again once Medvedev's first term was up, and Medvedev duly became his prime minister, serving until 2020.
Putin still hasn't decided if he'll run for president in 2024, his spokesperson said. Western officials have suggested the Ukraine war has weakened his position, per The Times of London. But keeping people guessing is standard practice for Putin, a Russia expert told Insider. It's a standard move for him, an expert in Russian politics said, that keeps his opposition guessing. Putin made the decision to invade Ukraine based on "incredibly faulty information," an official told the paper.
Russian generals have reportedly deliberated using tactical nuclear weapons in Ukraine. Because of this, some within the US intelligence community are less concerned that Russia is preparing to use tactical nuclear weapons in Ukraine, the report said. The New York Times was the first to report on the new US intelligence about tactical nuclear weapons conversations among Russian generals. Notably, it's ultimately up to Putin whether or not Russia uses a tactical nuclear weapon in Ukraine. The country's nuclear doctrine states only the president can make the decision to use nuclear weapons.
Members of the German Volkssturm march during their swearing-in ceremony in Berlin on November 12, 1944. While Russia still has a military draft, only about 30% of its troops are conscripts, with the remainder contract soldiers. Arkady Budnitsky/Anadolu Agency via Getty ImagesHence, Putin signed an executive order for partial mobilization on September 21. But the hundreds of thousands of Russian men fleeing the country know better. Those new Russian soldiers will receive barely any training.
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