Klepach dismissal exposes cracks in Russia's wartime economy narrative

1 min read
Source: CNBC
Klepach dismissal exposes cracks in Russia's wartime economy narrative
Photo: CNBC
TL;DR Summary

Russia fired former chief economist Andrei Klepach after he warned Moscow cannot win a prolonged war of attrition and that Russia’s economic lag would widen, signaling a rift with official messaging of resilience as Ukraine attacks strain a wartime economy reliant on military spending, higher taxes and subsidized lending.

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