Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too
- Kremlin: 2 events in the last 90 days
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What happened
The financial sector's loss of deposits has created a liquidity crunch so severe that it's threatening Russia's ability to fund its war.
Summary assembled by rule from the sources below
Timeline
- First appeared on FortuneFortune