Russia's Economy Faces Recession, Rising Taxes, and War-Related Challenges by 2026

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Source: The Moscow Times
Russia's Economy Faces Recession, Rising Taxes, and War-Related Challenges by 2026
Photo: The Moscow Times
TL;DR Summary

Russia's economy is expected to stagnate in 2026 due to ongoing war expenses, falling oil revenues, and Western sanctions, leading to slower growth around 1%, higher taxes, and sustained military spending despite economic pressures.

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