latest news in Russia
Russia's Economic Fortress: CASE Report Reveals Unexpected Resilience Through 2027
Russia, Monday, 18 November 2024.
Despite Western sanctions, Russia’s economy shows remarkable resilience with 3.6% growth in 2023 and projected 3.8-4.0% for 2024. The transformation into an ‘alternative globalization’ center, coupled with effective domestic market adaptations, suggests stability for at least the next three years, challenging initial collapse predictions. Military spending and labor shortages drive wage growth, while civilian sectors demonstrate surprising vitality with up to 10% growth in key areas.
Russia Launches Largest Aerial Attack of 2024 on Ukraine's Power Grid
Kyiv, Sunday, 17 November 2024.
In a devastating overnight assault on November 17, Russia unleashed 120 missiles and 90 drones across Ukraine, killing at least nine civilians and severely damaging critical energy infrastructure. The attack, targeting multiple regions including Kyiv and Odesa, marks a significant escalation as winter approaches, threatening widespread power outages and disrupting essential services. Ukrainian air defenses intercepted 144 targets, while neighboring Poland scrambled fighter jets in response to the massive strike.