Background

NEWS

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russia’s Industry Is Short of Young Workers, Funding, and Modernization

Sectors requiring a combination of engineering knowledge, production discipline, and experience of working with complex equipment will be the first to be hit. A vicious cycle emerges: there aren’t enough people to do the work, but there aren’t enough to modernize it either.
5/17/2026
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The Banking Crisis in russia Is Already Underway – Just in a Hidden Form

Analysts point out that the share of non-performing assets in the russian banking system has exceeded 10%. According to IMF methodology, this level is considered the threshold for the onset of a systemic banking crisis. The indicator has remained above the critical threshold for the third consecutive month.
5/17/2026
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Russia Should Be Thinking More about Its Own Oil Refineries and Oil Transshipment Facilities, Not about the Citizens of Other Countries or the Land of Other Peoples – Address by the President

We are also working actively on the traditional sanctions track. The key task is to cut off all supply channels into Russia for components used in missile and drone production. In this week’s strike on Kyiv, the Russians used missiles that were produced this year. Without components from companies in Europe, Japan, and the United States, the Russians simply would not have been able to produce these missiles.
5/16/2026
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moscow and minsk Are Turning Children into Cannon Fodder

The goal – to resolve the issue of disloyal youth and form a mobilization reserve that is as submissive as possible.
5/16/2026
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moscow Extending the Service Life of Irreplaceable Aircraft

russia cannot build new aircraft in the required quantities, so it pays to keep the old ones flying longer.
5/16/2026
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We Must Respond to Russian Strikes in a Just and Tangible Way; I Approved Certain Response Formats – Address by the President

Last night, the enemy already saw strikes hitting, in particular, their oil facilities and military sites. We are continuing these operations.
5/15/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

At a meeting of the Committee of Ministers of the Council of Europe, 36 countries and the European Union agreed to adopt an Expanded Partial Agreement – an international treaty establishing a steering committee for the Special Tribunal on the Crime of Aggression against Ukraine.
5/15/2026
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More Grain, Less Money: moscow Is Caught in the Trap of Its Own Harvest

Domestic grain stocks have already reached 25 million tons – a direct consequence of previous “record-breaking” seasons and weak exports. The global market is oversaturated. Egypt and Turkey – traditional buyers – are cutting back on purchases.
5/15/2026
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russian Capital Is Fleeing Abroad En Masse

russian entrepreneurs are rapidly losing confidence in the domestic economy and are looking for any loopholes to save their assets. The federal tax service (fts) of the rf has recorded an abnormal increase in the number of fictitious loans to foreign companies, which are being issued en masse by russian enterprises with negative equity. The number of such transactions has jumped by 70%.
5/15/2026
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We Are Preparing Steps that Can Intensify Our Joint Counteraction; Sanctions Must Be More Painful for Russia – Address by the President

Today, at the Staff meeting, together with our military, the Ministers of Defense and Energy, the Ministry of Internal Affairs of Ukraine, and representatives of the special services, we also analyzed the response to this two-day attack. First, the level of our air defense and, accordingly, the interception rate is quite high. For drones, it is 93 percent.
5/14/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

Oil production in russia in April amounted to only 8.83 million barrels per day – by 130,000 fewer than in March and by 460,000 fewer than in April 2025. russia has not been producing this little since May–July 2020.
5/14/2026
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russian Recession Is Dragging belarus to the Bottom

Since belarus is firmly tied to the russian market, it is experiencing the crisis alongside its neighbor – and has no choice but to follow suit. The ambitious five-year plan for 15% growth now seems like a fantasy. Instead, the country faces the threat of stagflation: the economy is shrinking, while prices are rising.
5/14/2026
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russians May Lose a Lot of Money on Bonds

The trend toward rising defaults in the rf is intensifying: in the first quarter of 2026 alone, 11 bankruptcies were recorded among companies that had issued bonds. By comparison, there were just as many defaults in all of 2024, while in 2025, the number had already reached 24.
5/14/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

By the end of 2029, russians’ total spending on utilities will increase by 35.7%.
5/13/2026
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russia’s Budget Deficit Has Already Exceeded Its Liquid Reserves

In the first four months of 2026, the rf’s budget deficit reached $78.4 billion – that is 2.5% of GDP and nearly double the figure for the same period last year. For comparison: moscow had projected a deficit of $50.5 billion for all of 2026. By April, the annual target had already been exceeded by a wide margin.
5/13/2026
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New Mobilization Will Finish off russia’s Economy

While after the mobilization in 2022, some of the emigrants returned to the rf, this time highly qualified specialists may leave the country for good, dealing an even heavier blow to the economy.
5/13/2026
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Ukraine’s Positions Right Now on the Frontline, in Our Long-Range Sanctions, and in Our Joint Results with Partners Are the Strongest They Have Been in Years – Address by the President

We are steadily advancing the issue of anti-ballistic capabilities production in Europe – we are forming an anti-ballistic coalition. This is something worth doing, and right now we are closer to a result than ever before. Thirteen countries and the Office of the NATO Secretary General were represented at today’s meeting on anti-ballistic solutions.
5/12/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

russian employers have begun laying off workers more frequently amid a deteriorating economic situation. In 2025, 25% of companies carried out layoffs, compared to 10% in 2023. At this, employers are increasingly trying to persuade employees to resign “voluntarily” or through mutual agreement without offering substantial compensation.
5/12/2026
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russia Is Concealing a New Outbreak of Foot-and-Mouth Disease

Authorities in the kuzbass have secretly culled about 4,000 dairy cows at the “vaganovo” JSC dairy complex. The official explanation: nodular dermatitis, a condition that is treatable with antibiotics and does not typically require mass culling. But farmers think otherwise.
5/12/2026
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High Oil Prices Won’t Help russia

Against the background of an economic slowdown and a 0.5% drop in GDP in the first quarter, the pro-kremlin “center for macroeconomic analysis and short-term forecasting” issued a memo calling for a revision of the central bank’s mandate: to obligate the regulator to focus not only on inflation but also on the state of the economy as a whole.
5/12/2026