Russian parliament approves federal budget for 2025-2027

XinhuaNet

Summary

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Russia’s lower-house State Duma on Thursday approved a three-year budget that allocates a record 13.5 trillion rubles ($133.63 billion) to national defense in 2025, accounting for nearly 40% of the government’s total spending.
The Moscow Times
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Russia's central bank has been hiking its key interest rate to combat inflation.
Insider
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The Russian media is in a state of panic as inflation soars and the Ruble slumps, leaving many to struggle.
Daily Express
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As of the beginning of November, consumer loan rates in Russian banks ranged from 25% to 38% per annum, but by 19 November, the maximum rate had risen to 44%.
Ukrainska Pravda

■ Story #670 ▪

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updated 88:88

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