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Russian economy in freefall as mortgage costs triple and mass layoffs cripple major firms (www.irishstar.com)

submitted 4 months ago by SalaciousBCrumb@lemy.lol to c/world@quokk.au

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Russia's economy is teetering on the brink of collapse, with industrial production taking a nosedive and major corporations initiating widespread layoffs as the impact of a three-year war with Ukraine inevitably hits home.

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[–] TankovayaDiviziya@lemmy.world 6 points 4 months ago

Knowing how heated the discussions can be on the topic of war in Ukraine and how prevalent Russian trolls are, most people assume any demand for Ukraine to surrender is done in bad faith.