Last week, during the Eastern Economic Forum, acknowledged problems with the slowdown of the Russian economy but added that victory over inflation is more important – supposedly, it's better for the people. However, the issue is not the welfare of the citizens. The continuation of the war requires increased spending on it. And here, strict monetary policy is unavoidable. This will result in the labor of the majority of Russian citizens becoming cheaper.

#Analytics #VladimirPutin #militaryKeynesianism #WarinUkraine #GermanGref #state #monetarypolicy #lifeinRussia #society #Economy #ElviraNabiullina

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The problem of Russia's return to peace is multi-layered. One layer is the reverse structural restructuring, partial or complete. The second is the preservation and lifting of sanctions and other restrictions. The third is the social consequences, related not only to the absorption by the labor market of more than half a million former fighters but also to disruptions in business groups tied to the war.

#Analytics #militaryindustrialcomplex #war #investments #world #Putin #Russia #sanctions #USA #Trump #Ukraine #Economy

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The latest EU sanctions package took a long time to adopt. Firstly, due to the usual resistance from Hungary, which is always against restrictions on Russian oil and gas that it itself uses. Secondly, EU officials faced a tricky task: not to anger Donald Trump with too harsh sanctions—he could accuse the EU of sabotaging his «magnificent deal» with Russia—and to signal to Vladimir Putin that making peace would be cheaper than continuing the war. ‍

#economy #vostok #war #west

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