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 ...
They have great smiles.
The article said it was in meltdown. A week or two ago they were crowing about how it was so bad the Russians didn't even have potatoes.
Really? We have a decent economy which is going to boom once the BBB starts having its effect.
Biden blew how much money? We've depleted our weapons stockpiles to a dangerously low level.
You say my bias led me to dismiss it. No. My experience watching British taboids lie over and over and over and over again about Russia/Putin/Ukraine once this whole thing started led me to dismiss it. Did you dismiss all the lies they told which I outlined for you a few posts ago?
What is your credible source?
“You say my bias led me to dismiss it. No. “
Are you saying you are not biased against them?
If so, why did you dismissit out of hand?
“Did you dismiss all the lies they told which I outlined for you a few posts ago?”
I ignored the list since you didn’t do any citations.
As I thought, you just ignored anything inconvenient to your arguments.
I'm saying my experience with seeing the BS they claim led me to dismiss what they're saying now as BS.
What is yours? It sure isn't the British tabloids. What is my source for saying what they've reported is BS? Subsequent events showing their claims were BS. ie Reality. That's my source.
“Reality. That’s my source.”
Reality as reported by whom? Tass? RT?
Reality as we all observed it. Did the Russians freeze to death in their tanks? Did their economy collapse? Did they run out of shells? Did Putin die of cancer? This isn't rocket science.
“Reality as we all observed it. Did the Russians freeze to death in their tanks? Did their economy collapse? Did they run out of shells? Did Putin die of cancer? This isn’t rocket science.”
Was there anything in the article that you would say is untrue?
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