Posted on 06/28/2025 9:28:46 AM PDT by marcusmaximus
Housing and utility bills in some parts of Russia are expected to soar by up to 25% as the country's economic meltdown worsens. Russian media reports that tariffs on housing, gas, water and electricity will go up by an average of 11.9% on July 1, but some regions will see an increase between 23% and 25%. Mortgage rates have also soared to 25% in recent months. One Russian newspaper, translated into English by the BBC's Russia Editor Steve Rosenberg and shared on social media, says the increase will be "painful for many families".
The same publication reports the experience of a former Russian prime minister's sister, who has a monthly pension of 22,000 roubles (£203) but whose bills per month for a small, two-room flat amount to 18,000 (£166). This week's Russian media reports about the state of the country's economy come after a warning was issued that Russia's economy is on the brink of recession.
Economy Minister Maxim Reshetnikov delivered the warning at the St. Petersburg International Economic Forum, the annual event in Russia's second largest city which aims to highlight the country's economic might and court foreign investors.
Russian business news outlet RBC quoted Reshetnikov as saying "the numbers indicate cooling, but all our numbers are (like) a rearview mirror". He said that "judging by the way businesses currently feel and the indicators, we are already, it seems to me, on the brink of going into a recession".
(Excerpt) Read more at express.co.uk ...
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Thank you very much and God bless you.
Nuevo York’s future. Enjoy, New Yorkers.
They’re all out of potatoes and eggs, and they’re on the roofs because of the floods.
Spam UK stiffens the resistance in Sumy.
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I guess the pensioners in the UK can feel better about their lost 2024 Winter Fuel Payment - if they survived the cold...
putin still is evil. May the Russian people begin to rise up and fight for themselves and their lives.
May it be
May it be so!
“The same publication reports the experience of a former Russian prime minister’s sister, who has a monthly pension “
Putin has drained the pension fund to pay for his two week war.
Raised the retirement age to 65. The average male only lives to 64.
Kyiv in 3 days!
1980 all over again, only the Russian version.
This post really triggered the Putin lovers!
The Putin enthusiasts do love their 25% mortgages.
Trust nothing you see about Russia in a British “news” source.
Trust nothing you see about Russia in a British “news” source.
I'm the guy who lit the fuse in Ukraine
Ask me about Hunter and Burisma!
“Trust nothing you see about Russia in a British “news” source.”
LOL! Your only trusted sources are Tass and RT.
“They’re all out of potatoes and eggs, and they’re on the roofs because of the floods.”
...and yet he’s still at 80%
😂😂🤣🤣
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