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Budget Collapse: russia’s Deficit Surpassing Its Annual Target in Two Months

russia’s federal budget for January–February 2026 recorded a deficit of $69.9 billion, nearly double the ministry of finance’s previous estimate of $43.3 billion. In the first two months of the year, the cash shortfall already exceeded the entire annual target of $50.5 billion, indicating a complete loss of control over the fiscal trajectory.
4/12/2026
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Poverty, Migrants, and a Blocked Telegram: What Ails russia in 2026

80% of russians cite the economic situation as their main source of anxiety – and the numbers explain why. Total household debt surpassed the 45 trillion ruble mark for the first time in early 2026. Nearly half of this amount – 48.1% – is mortgage debt, another 29.7% is consumer loans, 6.8% is auto loans, and the rest consists of microfinance obligations and other debts. Inflation, unemployment, and impoverishment have become a chronic, rather than a temporary, reality.
4/12/2026
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Easter Greeting from the President of Ukraine and the First Lady

We sincerely congratulate you on this great and bright day. All incredible people. Incredible children. Boys and girls who are brave beyond their years, who have not forgotten how to believe in goodness. Our mothers and fathers, all our cities and villages that have earned the right to a peaceful life – to see calm days and nights, the triumph of justice, light, and truth, and the victory of peace across all our land. May it be so. May there be peace. And may Ukraine stand. Happy Easter, dear Ukrainians!
4/12/2026
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We Hope to Continue the Exchanges in the Near Future – Address by the President

I am grateful to everyone working for the exchanges: our entire Coordination Headquarters team and intelligence services, the Security Service of Ukraine, the Ministry of Internal Affairs, of course, the army, and most of all, every Ukrainian unit on the front line that ensures the replenishment of the exchange fund for Ukraine. Your courage, warriors, is the guarantee that we will be able to bring our people home.
4/11/2026
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dagestan After the Flood: Corruption, Ruins, and Thousands of Refugees Heading to Central russia

Thousands of dagestanis who have lost their homes are now heading for central regions of russia, where new conflicts with the local population are bound to arise due to tensions over migration and resources.
4/11/2026
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The Budget Crisis Is Forcing the kremlin to Scale Back Support for Its Own Agro-Industrial Sector

The reduction in spending on the agricultural sector reflects the systemic fiscal crisis russia finds itself in.
4/11/2026
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“No Ceiling”: How the Government of the rf Turned Its People Into an ATM for the War

russians, who are enduring rising prices, job cuts, and a declining standard of living, are effectively paying for every missile, every bomb, and every day of the war which their government has unleashed against Ukraine.
4/11/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

Ukraine has received a new shipment of missiles for its Patriot air defense systems from its partners.
4/10/2026
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“russia today” Is Restructuring Its Budget: from Global Broadcasting to Election Campaigns in the Balkans

At the same time, rt is suffering significant sanctions-related losses in traditional markets. In December 2025, under pressure from new EU restrictions, Berlin-based “Ruptly GmbH”
4/10/2026
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Betrayal by the State and the Church Is Driving russians to Fortune-Tellers and Paranomalists

putin’s russia continues to sink into the Middle Ages. According to the all-russian center for the study of public opinion (VTsIOM), 85% of russians have turned to magic at least once in search of solutions to various problems, while 80% believe in the supernatural.
4/10/2026
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russia Is Putting Teenagers on a Conveyer

The percentage of russian students who continue their education in high school after the 9th form fell to 42.7% in the 2025–2026 school year, down from 55.7% a decade ago. The state is deliberately redirecting teenagers toward vocational schools, where they acquire practical skills more quickly and enter the labor market.
4/10/2026
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This Is Truly Our Shared National Success that Russia’s Plans for the Winter Were Thwarted – Address by the President

Today, I recognized our Hungarian community – for supporting our defense, and for the fact that all our communities, and the Hungarian community in particular, are helping IDPs and relocated businesses. Because of the war, there is effectively a redistribution of economic activity across the country – the western regions of our state are growing economically. Zakarpattia is seeing very tangible growth
4/10/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

The Ukraine Energy Support Fund is ready to reallocate over EUR 195 million in donor funds to meet the most urgent needs for winter preparations.
4/9/2026
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“kamaz” and “avtovaz”: The Systemic Collapse of Two Flagships of russia’s Auto Industry

High central bank’s interest rates are stifling demand, Chinese manufacturers are squeezing the market from both ends, while government orders – the only artificial prop that has so far maintained the appearance of stability – are gradually drying up. The first half of 2026 promises only further deterioration.
4/9/2026
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The Number of Foreign-Owned Companies in russia Has Fallen by 35%

Since 2022, following the start of the full-scale war against Ukraine, russia has been rapidly losing foreign businesses and investments. As a result, the number of companies with foreign capital in the rf has decreased by 35.5% – to 14,300 as of April 2026.
4/9/2026
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Partial Easing of US Sanctions Did Not Help russia Increase Oil Shipments

In March 2026, russia failed to increase oil shipments through its own seaports, despite a temporary easing of US sanctions. The decisive factors were “infrastructure constraints and force majeure circumstances” at key export hubs.
4/9/2026
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A Ceasefire Always Creates More Space for Diplomacy and Should Precede a Genuine End to the War – Address by the President

Ukraine has always approached this war – Russia’s war against Ukraine – from the same position. Of course, this is not easy to implement, and further efforts are still needed in the Middle East to stabilize the ceasefire so that it holds. But ultimately, the goal for everyone must be the same – greater security.
4/9/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

The sharpest decline in the share of gold in russia’s international reserves over the past 13 years was recorded in March of this year. The figure fell from 47.5% to 44.6%, marking the most significant change since the summer of 2013.
4/8/2026
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Digital Feudalism: How “White Lists” Divide russia’s Market

russia’s “white list” mechanism – a registry of resources that remain accessible even during internet restrictions – is increasingly transforming from a technical regulator into a tool of economic coercion and market redistribution in favor of players loyal to the government.
4/8/2026
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There Are Plans to Restrict International Calls for russians, While Officials Hold Assets Abroad

“roskomnadzor” has also suggested that russians abroad specify recommended russian proxy servers in their settings, thereby slowing down their own messenger service.
4/8/2026