“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.