The Daily Populous Thursday May 29th, 2025 evening edition
Authored by pravda.com.ua and submitted by Aggravating_Money992

Russia has lost approximately US$450 billion in revenues from its energy sector due to international sanctions, says Lieutenant Colonel Joby Rimmer, Senior Military Adviser to the UK’s Permanent Mission to the OSCE.

Source: Lieutenant Colonel Joby Rimmer, cited by the Ukrinform news agency

Quote: "Russia’s own population is becoming increasingly severe: Interest rates in Russia have surged to 21%, reflecting deep financial instability; 40% of Russia’s federal government spending in 2025 has been committed to defence; for the first time in post-Soviet history, defence spending has exceeded social spending; Russia has depleted two-thirds of the liquid assets in its National Wealth Fund; and due to international sanctions, Russia has lost an estimated US$450 billion in energy revenues."

Details: Rimmer stated that Russia’s policies demonstrate the Kremlin’s prioritisation of war over the welfare of its citizens.

Background: Russian authorities are preparing to raise gas prices for industry to offset losses at Gazprom, which has seen exports plummet since Russia’s full-scale invasion of Ukraine in February 2022. Western sanctions, including US measures targeting Gazprom Neft and Surgutneftegaz, have significantly reduced Russia’s oil and gas revenues, a key funding source for its war against Ukraine.

Anxious-Connection98 on May 29th, 2025 at 13:48 UTC »

Several Russian companies, including Gazprom but also many from non energy sector, announced yesterday that they will not be paying dividends for Q4 2024 and Q1 2025. It’s likely this policy will continue until the war ends. Little by little, the dominoes are falling.

This is also a serious problem because much of Russia’s current economy is being propped up by the war itself. If the conflict were to end, it could trigger a total collapse, potentially leading toa decade of unprecedented job losses, wage cuts, and widespread economic chaos across the country.

I’m afraid that Putin will never let go of anything because of that, at least not until the day he passes away (he’s 72 or 73, after all). From his perspective, I imagine the sole purpose is to avoid having to deal with any of the fallout of his own decision. If I try to put myself in Putin’s shoes, I have to admit: I wouldn’t want to deal with that shit either.

jeffacakes on May 29th, 2025 at 13:19 UTC »

Wait wait wait! I was told by many reliable Ivans that these sanctions meant nothing. Was I lied to?!

Dockers4flag2035orB4 on May 29th, 2025 at 13:04 UTC »

This is great news.

Keep up the good work EU.