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Parallel to Russia’s war on the ground in Ukraine, there’s another battle: over history. Moscow claims that parts of southern and eastern Ukraine are “historically Russian,” but that ignores the centuries of conquest and tragedy Ukrainians endured, including one of the darkest chapters: Holodomor.
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Hello! This week we dive into how Russia finances its war on Ukraine, and why it could be storing up problems for the future. How much is Russia borrowing for its war, and what will the consequences be? Russia’s invasion of Ukraine has forced Moscow to abandon its conservative financial approach and borrow more and more to fuel the military and its economy. The government plans to cover almost the whole of next year’s budget deficit by borrowing on the domestic market. This week the government tripled its planned bond placements for the final quarter of 2025. Russian officials, President Vladimir…
Ukraine must slash the size of its army and cede territory, under a US plan to end the Russia war. Source link
The September total marked a roughly 73% increase from the same month last year, when imports of Russian LNG to China reached 751,000 tons. Source link