• yojimbo@sopuli.xyz
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    1 day ago

    Not sure if it’s just the Tass being Tass - but somehow her statements are totally missing the debt crisis.

    Total corporate debt has reached RUB 86.2 trillion (about US$1.1 trillion), up 65% compared to the start of the full-scale war. Nearly half of this debt is owed by Russia’s 78 largest companies. One in six of them spends over a third of profits on interest payments, while 8% of the total debt is owed by companies that cannot even cover their loan servicing costs.

    msn, bloomberg archived, themoscowtimes

    Even though she claims inflation is falling (to 3-4% nonetheless) The Bank of Russia interest rate is still breathtaking 20% tradingeconomics