Crisis in Russia, Economy & Business

Russia’s Farm equipment sales now in freefall

Amidst record crop failures and with all resources now going to Putin’s global war projects, things are only getting worse for the collapsing Russian agricultural sector, with domestic sales of new equipment dropping by 16.5% year-on-year to 167.5 billion rubles in the first ten months of 2024, according to the Russian Association of Specialized Machinery and Equipment Manufacturers (Rosspetsmash). Production and exports have also declined by 12.6% and 9.6%, respectively, amounting to 205.8 billion rubles in production and 14.1 billion rubles in exports.

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Economy & Business, Ukraine News, World News

likely to be chancellor Merz is coming to kyiv to make weak scholz look like a fool

With German Chancellor Scholz’s legendary weakness on Russia now costing him at the ballot box, Friedrich Merz, leader of Germany’s Christian Democratic Union (CDU) and candidate for chancellor, has announced plans to visit Ukraine in the coming days. Speaking at a security policy event in Berlin, Merz emphasized his intention to brief European partners on the outcomes of his trip.

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Crisis in Russia, Economy & Business

Russia Faces Unprecedented Winter Crop Losses

Farmers say theyve never seen in so bad as Russia is confronting an unparalleled agricultural crisis with severe drought conditions threatening to decimate winter crop yields, particularly wheat, across key farming regions. This development poses significant challenges to the nation’s food security and its position in global grain markets as the Russian economy already faces collapse in a number of sectors.

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