Russia's Economy Struggles Amid War and Inflation Crisis

Russia's economy is under significant strain as the ruble's value plummets and inflation soars, driven by increased military spending and Western sanctions. The Central Bank has raised interest rates to 21% to combat inflation, but this has led to tensions with the military-industrial sector. Economists are divided on whether these economic challenges will make Russia's war effort unsustainable, with some suggesting that the Kremlin can continue funding the war by cutting civilian spending, while others warn of potential fiscal crises if oil prices drop or sanctions tighten.