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Russian economy in freefall as mortgage costs triple and mass layoffs cripple major firms (www.irishstar.com)

submitted 1 week ago by SalaciousBCrumb@lemy.lol to c/world@quokk.au

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Russia's economy is teetering on the brink of collapse, with industrial production taking a nosedive and major corporations initiating widespread layoffs as the impact of a three-year war with Ukraine inevitably hits home.

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[–] Yawweee877h444@lemmy.world 29 points 1 week ago (12 children)

Is the irishstar trustworthy?

[–] FarraigePlaisteach@lemmy.world 4 points 1 week ago

It’s a rag with a sleazy history https://en.wikipedia.org/wiki/Irish_Daily_Star

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