UA
  • News
  • Popular
  • Search
  • Apps
download white apps
Download

Russian economy on track for breakdown phenomena within two years — economist

global.espreso.tv
Fri, 31 Oct 2025 14:32:00 +0200
Russian economy on track for breakdown phenomena within two years — economist
Ukrainain economist and former presidential adviser Oleh Ustenko stated this on the Espreso TV channel."First of all, they have a logic, it's not that they lack it. They understand that their economic situation is getting out of control. For many, including the Kremlin, it is clear that maintaining the situation in the long term, say, two years plus from the current moment, will not just be difficult, but even impossible. They understand that they have little time left, say, from zero to two years, that is, from the moment where we are now plus 24 months, when they will try to achieve that," he said.Ustenko believes that it is already difficult to understand what they want to achieve."What they have in their heads, judging by all their recent efforts and negotiations and trips they are making, they are either disoriented in the situation, or just paranoid, they want what they want and do not want to tell everyone what they want. They understand that their economic situation will deteriorate very quickly after 24 months from today. They understand that it will be difficult to stand there. They will try to solve everything as quickly as possible," the economist emphasized.In his opinion, Russia is in a state of uncertainty and understands that its revenues from the oil industry will fall."By the way, this is not our merit, but rather the merit of the United States of America, when additional tariffs, customs tariffs were imposed on India, then negotiations with Modi, then finally what is heard and the messages from India. Regarding the fact that we are stopping buying Russian oil, this will hit the Russian oil business, they will lose from 30 to 50 billion dollars in annual equivalent. It is clear that after yesterday's meeting between Xi Jinping and Trump, such a positive decision, which we expected from China, did not happen. Perhaps there will be some reductions in Russian oil, but not as expected earlier," Ustenko said.He predicts that within 24 months - this is the period of time when the Kremlin will be able to keep the economic situation afloat."It will be difficult, but they will be able to withstand it. They will raise taxes, which is what they are doing. VAT has been raised from 20% to 22%. They are changing the tax scheme for their own individual entrepreneurs. They will seize assets first from the outer circle, then from the inner circle, that is, they can finance, it will be difficult, but they will be able to finance their military machine. If necessary, they will even finance it in a larger amount, they will cut spending on the social sector, they also understand this," the economist explained.Ustenko added that this is why we see a colossal increase in spending on their repressive apparatus."That is, the picture will be in a controlled movement for them for a period of 0 to 24 months. And then they understand that there are such challenges that they are not sure they will be able to cope with at all. And there, it seems to me, that collapse-like phenomena will grow at a great speed and even with acceleration. Accordingly, when we talk about totalitarian, authoritarian countries, the period when they are simply cornered and the degree of their aggressiveness increases many times over," he believes.In his opinion, what we are seeing now is just a manifestation of this general picture."You can talk and analyze their military efforts as much as you want, you can analyze the political situation, you can analyze some social shifts that are or may be, or will never be in Russia. Still, I believe that the basis for everything here in this case is the economy, and the economic base gives me such signals, as well as everyone else, including not only the expert community, but also the Kremlin, they are not complete idiots," the economist said.Ustenko stressed that Russia understands that the economy will deteriorate - the degree of their aggressiveness, as in any totalitarian regime, will increase precisely during this period of time."Therefore, what we are seeing now will simply continue at an accelerated pace. What are the challenges for us? The challenges for us are again - to strengthen our security and defense sector as quickly as possible, and this is everything that concerns such tactical tasks that are then solved by the military," he concluded.
Read in full

Latest news

Spiced Coffee Mulled Wine
Spiced Coffee Mulled Wine
This delicious spiced coffee mulled wine combines the rich flavors of coffee with the warm spices traditionally found in mulled wine. The recipe is perfect for cozy gatherings, holiday celebrations...
toastpad.com
Fri, 31 Oct 2025 21:15:17 +0200
Oven-Baked Pork Neck
Oven-Baked Pork Neck
This delectable oven-baked pork neck is a feast for the senses, blending aromatic spices and savory flavors into a succulent dish. The preparation involves marinating the meat to enhance its tender...
toastpad.com
Fri, 31 Oct 2025 21:10:16 +0200
Smoky Beef and Olive Salad Delight
Smoky Beef and Olive Salad Delight
Indulge in a delightful salad that combines the rich flavors of smoked beef with the briny goodness of olives and the freshness of salad greens. This recipe is perfect for those looking to impress ...
toastpad.com
Fri, 31 Oct 2025 21:05:19 +0200
Zelenskyy holds meeting on foreign policy work for next week
Zelenskyy holds meeting on foreign policy work for next week
President of Ukraine Volodymyr Zelenskyy held a meeting on foreign policy work for the next week, in particular weapons for Ukraine.
en.interfax.com.ua
Fri, 31 Oct 2025 21:03:15 +0200
Europol confirms its participation in special operation exposed 654 Wagner, Redut fighters
Europol confirms its participation in special operation exposed 654 Wagner, Redut fighters
Europols core team for the investigation of international crimes supported Moldova and Ukraine in the second stage of the investigation of war crimes against members of the Wagner and Redut mercen...
en.interfax.com.ua
Fri, 31 Oct 2025 21:01:45 +0200
Salmon and Olive Delight
Salmon and Olive Delight
This exquisite recipe combines the rich flavors of salmon with the briny taste of olives, creating a dish that is both healthy and satisfying. With a preparation time that accommodates a busy lifes...
toastpad.com
Fri, 31 Oct 2025 21:00:19 +0200
China demands high price for Ukraine war settlement — Feygin
China demands high price for Ukraine war settlement — Feygin
Russian opposition politician Mark Feygin said this on Espreso TV.Why cant Washington and Beijing reach an agreement on the war in Europe the war in Ukraine Because China wants a high price fo...
global.espreso.tv
Fri, 31 Oct 2025 21:00:00 +0200
MP: Rada proposed to adopt law on deferment from mobilization for servicemen served for year under 18-25 contract
MP: Rada proposed to adopt law on deferment from mobilization for servicemen served for year under 18-25 contract
The Parliamentary Committee on National Security, Defense and Intelligence has recommended that the Verkhovna Rada adopt in its entirety a bill on deferment from mobilization for servicemen who ser...
en.interfax.com.ua
Fri, 31 Oct 2025 20:59:19 +0200
Pentagon approves Tomahawk missile supply to Ukraine. Final decision lies with Trump – CNN
Pentagon approves Tomahawk missile supply to Ukraine. Final decision lies with Trump – CNN
The Pentagon has given the White House the green light to provide Ukraine with long-range Tomahawk cruise missiles after assessing that doing so would not negatively impact U.S. stockpiles. The f...
censor.net
Fri, 31 Oct 2025 20:48:00 +0200
UN lacks over $1 billion for humanitarian aid to Ukraine in 2025
UN lacks over $1 billion for humanitarian aid to Ukraine in 2025
The UN and its partner organizations lack more than half of the funds needed to assist Ukraine in .
censor.net
Fri, 31 Oct 2025 20:39:00 +0200
додати ще новини more news

Top news

Russia attacked Sumy with drones — 11 victims, including children
Russia attacked Sumy with drones — 11 victims, including children
Woman tears down Ukrainian flag and throws it in trash in Odesa. She has been charged. PHOTO
Ukraine-Russia war latest: Kremlin responds to Trump’s nuclear testing after flaunting Poseidon submarine
North Korea aiding Russia: Ukrainian forces destroy North Korean multiple rocket launcher
AFU soldiers Oleksandr Tishaiev and Oleksandr Aliksiienko held frontline positions for 165 days straight. PHOTOS
President's Office head: Teenager leaves occupied territories to his father in controlled territory
EU exploring ways to fund Ukraine’s weapons using frozen Russian assets – Merz
Western allies withhold advanced Meteor missiles Ukraine needs to challenge Russian air superiority
Russia attacked Ukraine with banned 9M729 missiles — even the US is afraid of them
Elderly Ukrainian couple walks 16 km from front-line village to escape the war after losing their home to Russian shelling – video
  • About us
  • Contacts
  • Rules of use
  • Apps