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Climate and Environment

The war in Ukraine is straining Russia's economy and society


Published on 2024-11-28 06:00:26 - Brian Stokes, N@N
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  • The war he started in 2022 by invading Ukraine, he implied, was another such moment. "We are witnessing the formation of a completely new world order, nothing like we have had in the past, such as the Westphalian or Yalta systems,

The article from *The Economist* discusses the severe economic and societal strains Russia is experiencing due to the ongoing war in Ukraine. As the conflict drags into its third year, Russia faces mounting economic pressures from Western sanctions, which have disrupted trade, caused inflation, and led to a significant brain drain as skilled professionals leave the country. The war has also necessitated increased military spending, diverting resources from other sectors and exacerbating budget deficits. Socially, there is growing discontent among the populace due to the rising cost of living, conscription, and the government's increasing authoritarian measures to suppress dissent. Despite these challenges, the Russian government maintains a facade of stability, with President Putin leveraging nationalist rhetoric to sustain support for the war effort, though the long-term sustainability of this approach remains uncertain as economic and social fissures widen.

Read the Full The Economist Article at [ https://www.economist.com/briefing/2024/11/28/the-war-in-ukraine-is-straining-russias-economy-and-society ]