Russia’s Soaring Defense Spending Is Unsustainable ...Middle East

OILPRICE - Economy
Russia’s Soaring Defense Spending Is Unsustainable
source : OILPRICE ( Middle East ) () 18
Russia’s continued aggression against Ukraine and the Kremlin’s attempts to escalate the political situation and prevent defeat on the battlefield through mobilization, nuclear blackmail and possibly even sabotage on gas pipelines in the Baltic Sea raise the question: How do all these factors influence the Russian defense budget? Since May 2022, the Russian government has not released much data on the defense budget. Nevertheless, defense spending from January to April totaled almost 1.6 trillion rubles ($26.4 billion), with about 500…

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