Russia’s Economy Overheating: Inflation and Rising Prices Hit Hard | Most Viral Today
[gpt3] Expand Russia is grappling with soaring inflation and an overheating economy, as President Vladimir Putin addresses these critical issues during his annual phone-in event. With inflation expected to reach 9.2% in 2024 and interest rates predicted to spike to 23%, everyday Russians are feeling the squeeze. From skyrocketing food prices to unaffordable staples, the financial storm is hitting households hard. Putin blames Western sanctions, extreme weather, and economic policies for the crisis—but will his proposed measures bring relief? Let’s dive into what’s next for Russia’s economy and its people.
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