Tulip Siddiq Resigns Amid Corruption Allegations

Russia's economy is facing significant challenges as inflation continues to rise, with projections estimating it to reach nearly 10% by the end of the year. The Central Bank's efforts to combat this through high interest rates, now at 21%, have not effectively controlled price increases, complicating financial conditions for businesses. Concurrently, the depletion of Russia's Sovereign Wealth Fund due to ongoing military expenditures raises concerns about potential bankruptcy in the medium term. The war in Ukraine has exacerbated these issues, leading to a decline in Russia's global influence and economic stability. Alongside these economic troubles, the climate for journalists in Russia remains perilous, with increasing governmental crackdowns on independent media and critical reporting, particularly concerning the war. This environment has forced many journalists into exile, while those remaining face severe restrictions and threats to their safety.