Russia's Central Bank hikes interest rate as inflation soars
apnews.com
Russia’s Central Bank has raised its key lending rate to the highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow’s military action in Ukraine.
  • Skeezix@lemmy.world
    50·
    2 years ago

    What i find most sad about Russia is that the people have, for the most part, accepted corruption as the way of life.

    • Angry_Autist@lemmy.worldBanned from community
      41·
      2 years ago

      8+ decades of hardcore civilian oppression, declining opportunities, and constant propaganda are what has brought them there, and we aren’t far behind them.