Ukraine conflict, sanctions set to blow hole in Russia's finances

(Reuters) – The cost of Russia’s military mobilisation and the impact of Western sanctions are set to blow a hole in the government’s budget forecasts and drain Moscow’s reserves to their lowest level in years, according to analysts’ latest calculations. Read full story

Source : https://www.thestar.com.my/news/world/2022/11/02/ukraine-conflict-sanctions-set-to-blow-hole-in-russia039s-finances

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