New forecast: Russia's war economy is overheating. Experts say you can already see the first smoke.
Vienna Institute for International Economic Studies (WIIW) only expects growth of 1.5 percent this year. “Russia is increasingly dependent on the war in Ukraine continuing. The enormous spending on this acts like a drug on the economy,” said Vasily Astrov, a Russia expert at WIIW. A possible victory for Donald Trump in the US presidential election would make the future of Western financial aid for Ukraine more uncertain, the institute argued.