Russians are waking up to the economic catastrophe of Putin’s war

Featured in The Telegraph


Russia and Ukraine

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This is a new, more difficult phase for the Russian economy. Almost every indicator that you can think of for the Russian economy is heading in the wrong direction. Russia is probably already in recession,” says Charles Hecker, an associate fellow in international security at the Royal United Services Institute...“There’s a gathering realisation that the militarisation of the economy will no longer make [it] grow,” says Mr Hecker.