#energy-revenue

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#sanctions #russia-economy #banking-risk #russia #wealth-tax
World news
fromFortune
2 weeks ago

Russian official warns a banking crisis is possible amid nonpayments. 'I don't want to think about a continuation of the war or an escalation' | Fortune

Falling energy revenue, tighter sanctions, depleted reserves, tax hikes, high interest rates, and rising unpaid wages are straining Russia's financial system and raising banking-crisis risks.
World politics
fromBusiness Insider
3 months ago

Putin said he's eying higher taxes on the rich to bankroll the Ukraine war and pointed to a precedent set by the US

Putin plans to tax Russia's wealthy elite, including higher levies on luxury goods and dividends, to fund the Ukraine war amid falling energy revenues.
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