-4b416d3e3e5d5a37a3203628ecfe5ef5.jpg "A tanker carrying crude oil from the Russian Far East of Sakhalin arriving in waters off Imabari in Ehime Prefecture, western Japan, on May 4, 2026. (Source: Getty Images)")
#Economy
155 articles
-72b63a4e0c8c475ad81fe3eed3f63729.jpeg "Photo of Cyril Barabaltchouk")
-b9210a96b8009aa38895ba5a5945bcc1.png "Flames engulf Russia’s Tuapse oil refinery following a Ukrainian drone strike. (Source: Volodymyr Zelenskyy)")
![Central Asian migrants, working at the construction site of a pier for touristic ships, stand opposite the Moscow International Business Center (MIBC), also known as Moscow City, April 5, 2024, in Moscow, Russia. (Source: Getty Images)]( "Central Asian migrants, working at the construction site of a pier for touristic ships, stand opposite the Moscow International Business Center (MIBC), also known as Moscow City, April 5, 2024, in Moscow, Russia. (Source: Getty Images)")
![View of freight cars on the territory of the Northern Shipyard in St. Petersburg, Russia. (Source: Getty Images)]( "View of freight cars on the territory of the Northern Shipyard in St. Petersburg, Russia. (Source: Getty Images)")
![Russia economy war financing public debt budget deficit]( "When Will Russia Run Out of Money for the War? The Role of Public Debt")
- Author
![Khrystyna Borovkova]( "Khrystyna Borovkova")
- Category
- World
Domestic public debt—once touted by Putin since 2012 as being low—has become Russia’s main tool for plugging a widening budget gap as it wages war against Ukraine and tries to keep its economy afloat. For now, it can “patch” budget shortfalls, but the mechanism is fragile. Greater economic pressure could hasten the moment Moscow is forced to the negotiating table.![Workers on the production line of the "Avtozavod St. Petersburg" plant assemble the LADA Iskra car. Ilustrative photo. (Source: Getty Images)]( "Russian Firms May Begin Large-Scale Layoffs This Summer Amid Economic Pressure")
![EU and Ukrainian flags fly in the wind in front of the Berlaymont, the EU Commission headquarter for the 4th year anniversary of the full scale invasion of Ukraine by Russia, on February 23, 2025 in Brussels, Belgium. (Source: Getty Images)]( "EU and Ukrainian flags fly in the wind in front of the Berlaymont, the EU Commission headquarter for the 4th year anniversary of the full scale invasion of Ukraine by Russia, on February 23, 2025 in Brussels, Belgium. (Source: Getty Images)")
![Illustrative image: Russian roubles, the official currency of the Russian Federation. (Source: Getty Images)]( "Illustrative image: Russian roubles, the official currency of the Russian Federation. (Source: Getty Images)")
-f9dfe5a91bdeceaca1da449afa83ddd6.png "When Will Russia Run Out of Money for the War? The Role of Public Debt")
-7ab3d055d78b4fffc2530930d91ffaa7.jpg "Khrystyna Borovkova")
