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Putin faces mountain of debt as Ukraine war puts economy back 25 years

Por: Newsweek World February 07, 2023

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Russia's Finance Ministry said Monday the country's budget deficit surged to 1.76 trillion rubles ($24.8 billion) in January, which by one measure puts President Vladimir Putin's economy back 25 years thanks to his invasion of Ukraine.Nearly a year into his war against the Eastern European country, Putin's economic troubles appear to be growing, according to the ministry's latest figures. The numbers mark Russia's... + full article



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