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Vladimir Putin
Russia's gold reserves melting: economy fell by 1.8% due to war and sanctions
03.05.2026 - 06:52 802 viewed
Russia’s Gold Reserves Shrink as Economy Contracts 1.8% Amid War and Sanctions

Russia’s Economy at the Start of 2026 By early 2026, the Russian economy had suffered major losses due to the ongoing war and international sanctions. Gross domestic product (GDP) dropped by 1.8%, and President Vladimir Putin publicly acknowledged the slowdown in economic performance. Higher taxes, ...

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