Russia insists its economy remains resilient, but a top economist was reportedly fired after warning that the Ukraine war could trigger a social crisis. Andrei Klepach said Russia could not win a prolonged war of attrition and its economic lag would widen, according to reports. Ukraine’s attacks on Russia’s energy infrastructure are adding pressure to a wartime economy already reliant on military spending, higher taxes and subsidized lending. People walk in front of a billboard honouring a participant in Russia’s military action in Ukraine and reading “Pride of Russia!” and
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