Russia’s Economy Struggles with War-Related Costs

Russia’s economy has shown only marginal growth in the third quarter, with bloated military spending contributing to inflationary pressures that are now stifling economic expansion. The country’s sustained military spending, primarily to maintain operations in Ukraine, has placed a heavy burden on the economy, leading to rising prices and reduced consumer spending power. As the conflict continues, the Russian government faces a difficult balancing act between maintaining its military presence and managing the economic fallout.