The Russian government is nervous as the country faced economic problems

In the International Economic Forum, a Russian deputy came to me in the St. Petersburg International Economic Forum.

“Are you bombing Iran?” asked.

“I don’t plan to bomb anyone!” I replied.

“You mean, the British …”

“Donald doesn’t mean to trump?”

“He said the UK did what would do.” “And by the deep state.”

It was a short, strange conversation. However, this week in St. Petersburg had more about the minds of more people than the economy this week.

President Vladimir Putin accepted.

The Kremlin leader on Friday was a basic speech at the plenary session of the Forum. He focused on the economy.

However, this is what the Kremlin leader said in the panel discussion.

“We have an old order,” said Putin. “The place where a Russian soldier is the foot of the foot, it is ours.”

Imagine, think about the leader of a country hosting an economic forum, looking for foreign investment and cooperation. The most effective way of ordering that your army seizes the outdoor lands will not be invisible.

But this is the point. Russia’s full-scale occupation of Russia since February 2022, the situation of the economy was secondary to win the war against Ukraine. That is the main priority of the Kremlin. It is true that the Russian economy has grown, but mainly due to massive public expenditures for the defense sector and military-industrial complex.

Even the growth associated with this war is now petering.

Putin was not overwhelmed.

“The death of the Russian economy ‘, once from a famous writer, said,” The rumors of my death are more exaggerated, “he said.

However, the Russian government is clearly irritable.

In the forum, Russia’s Minister of Economic Development Maxim Reshetnikov warned that the country’s economy was teetering the “dumping”.

“We grow in high speed for two years as unused sources are activated,” said the governor of the Governor of the Russian Central Bank Elvira Nabiullina. “We need to understand that many of these sources are really exhausted.”

The St. Petersburg International Economic Forum was imagined as a bright showcase for the Russian economy. Many things have faded thousands of international sanctions on Russia on the war in Ukraine. Many Western companies came out of Russia.

Can he return?

After all, US President Donald Trump announced that he wanted better relations with Moscow.

“Today, we received breakfast with the American Chamber of Commerce and the United States. In a sense that many American companies want to return,” Kirill Dmitriev, President Putin’s foreign investment ambassador told me. We talked about the edges of the St. Petersburg Forum.

“I think the United States understands that the dialogue and joint cooperation is better than not working and non-worked and unprofitable sanctions.”

Western businesses are less likely to return to Ukraine while warning war.

“I think that you should have some kind of conflict before thinking that American companies think back to return.”

“Did Trump have asked the administration to make some sanctions out of Russia?” I asked him.

“We were in Washington,” he replied. “We analyzed the influence of American sanctions on American enterprises. We have given it to the leadership.”

“Do you accept the idea that anger institutions is controversial in the light of war in Ukraine?” I asked.

“Western business has made decisions based on what happened three to four years ago,” Mr. Agee said. “And deciding whether it is necessary to return, it is up to them.”

Russia faced harsh economic problems after war and mass sanctions for more than three years: high inflation, high interest rates, stagnation, recession news. Problems in the economy are now obviously discussed and discussed.

It is not known how quickly they will be resolved.