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Russia’s rouble plunges to lowest rate since early weeks of Ukraine war (www.theguardian.com)

submitted 7 months ago by Deceptichum@quokk.au to c/world@quokk.au

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Rouble hit 110 against the dollar after US introduced sanctions against Gazprombank, Russia’s third-largest bank

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[–] atro_city@fedia.io -1 points 7 months ago (1 children)

Let's say it how it is: it doesn't matter if:

Russia wins the war
Russian citizens don't feel the pain
The West just continues treating Ukraine as a drone testing area
Trump stops helping Ukraine

Nearly a third of Russia’s 2024 budget has been allocated to military spending, the highest level since the cold war.

While all of NATO's military spending wobbles around 2% like there isn't a war going on.

[–] BatrickPateman@lemmy.world 5 points 7 months ago

Don't think just looking at the regular yearly budget covers everything spent in the context of that war (e.g. Germany's special budget, EU-level spendings, etc.), but I agree there should be (even) more.