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<title>Russian state bank chief economist reportedly fired after warning of defeat in economic war with West</title>
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<description>Andrei Klepach, the chief economist at Russian state development corporation VEB.RF, was reportedly fired on Aug. 16, a day after Russian media widely circulated his warnings that Russia was losing its economic and technological competition with the West. Russian independent media outlet The Bell reported Klepach&#x26;#x2019;s dismissal on Aug. 16, citing two people familiar with the matter. The report came two days after The Moscow Times published excerpts from Klepach&#x26;#x2019;s May remarks, which were subsequently picked up by other Russian media. Speaking at an event organized by the Moscow Exchange&#x26;#x2019;s Nikitsky Club, Klepach reportedly said Russia would be unable to...</description>
<author>The Kiev Independent via MSN</author>
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<pubDate>Mon, 17 Aug 2026 00:06:24 GMT</pubDate>
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