Putin Faces Growing Financial Crisis Amid Sanctions

A brewing financial crisis in Russia reportedly has joined a list of problems for President Vladimir Putin.

After more than two decades of consolidating power, Putin faces an increasingly brittle economy, tightening Western sanctions, and rising anxiety inside the Kremlin — challenges some analysts say are exposing cracks in his once-unshakable grip.

According to The Telegraph, Russia’s economy is showing severe strain from the war in Ukraine, sky-high interest rates, and the mounting cost of government borrowing.

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