INSUBCONTINENT EXCLUSIVE:
trillion rubles ($115 billion) for defense spending in 2024, thus placing its economy more firmly on a war footing as the conflict in
observers initially predicted when President Vladimir Putin launched the full-scale invasion of Ukraine in February 2022.But the
mobilization of hundreds of thousands of soldiers, an increase in domestic arms production and an exodus of men seeking to avoid being
drafted into the military have created deep labor shortages in parts of the economy.All of that has combined to create a spiral of rising
economy continued to show signs of overheating.
