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Weatherhead’s Roman Sheremeta says Russia’s economy is going to face pressure due to inflation, sanctions and surging defense spending

Russia’s economy is entering a year of pain in 2025
Business InsiderRoman Sheremeta, associate professor at Weatherhead School of Management, said Russia’s economy faces mounting pressure in 2025 due to inflation, sanctions and surging defense spending. He also noted that ongoing war efforts will strain Russia’s budget and restrict its ability to fight, calling the outlook grim and comparable to Soviet-era stagnation.