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Smokescreen for recession and stagnation | LB.ua – Ukraine

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Putin is utilizing the identical outdated ways to attempt to divert consideration from financial issues, says lb.ua:

“The decline of the Russian economic system in 2020 was the sharpest within the final eleven years (since 2009). Based on the most recent figures from Rosstat, the nation’s GDP fell by three %. This can be a results of the coronavirus pandemic, sanctions, and a world lower within the demand for power. … The financial state of affairs of the residents of the Russian Federation will worsen, and on the similar time state spending will improve. Secondly, the Russian economic system is dealing with years of stagnation. And thirdly, Moscow sees a navy marketing campaign as a possible answer to the present financial disaster. Therefore the provocations.”

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