BREAKING: The differences between Putin and his central bank, a new sign of the deterioration of the Russian economy
Global Update:
Global attention remains focused on this evolving story as officials and analysts assess the broader implications.
Taking sick leave is both an inalienable right and duty of the worker, but in the case of the governor of the Central Bank of Russia, Elvira Nabiúllina, it also becomes a matter of state. The Russian economy is going through a delicate moment and the whereabouts of its savior have caused a wave of rumors since he suspended his speech at the St. Petersburg International Economic Forum at the last minute on June 3. In the last nine days neither the economist nor her team have attended another meeting with the president, Vladimir Putin, to discuss monetary policy. In fact, the Russian economy faces a crossroads in which the Kremlin’s wishes are incompatible with the vision of central bank experts. They try to keep inflation and the chaos caused by military spending under control, while Putin wants more fuel for his war.Continue reading
International Perspective:
The situation could have broader implications for regional stability, international relations, and global markets.
Political and economic analysts are paying close attention to the potential consequences of these events.
Our editorial team will continue tracking this story as new reports become available.
Source: This article was originally published by Internacional en EL PAÍS and adapted for our international English-speaking audience.
Read the original article here.