“If fiscal expenses remain at their January levels throughout the remainder of the year, the NWF reserves could vanish in just three months. And even if they don’t — as is more likely — 2025 is probably the last year Moscow will be able to fully cover its fiscal deficit by tapping into those savings.”

    • PugJesus@lemmy.world
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      3 days ago

      Europe has a chance to pull through for Ukraine.

      I hope Europe does. Ukraine shouldn’t have to pay for Americans’ stupidity, credulity, and absurdity.

      • wewbull@feddit.uk
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        2 hours ago

        Unfortunately Trump could completely undermine Europe by opening trade with Russia, financing them.