Vladimir Putin haemorrhaging money over payouts to Ukraine war dead reach £47bn | World | News
Russia’s illegal war against Ukraine has recently reached a major turning point and has been going on longer than World War I. The war took a huge toll on both Ukraine and Russia, with hundreds of thousands of soldiers and civilians dead and billions of pounds worth of buildings destroyed.
However, after Donald Trump took a warmer approach to relations with Russia, it appeared that Ukraine would be forced into a humiliating peace agreement.
This did not happen. While there is no sign yet that Putin will sue for peace, there is another financial factor to consider. The financial cost to Putin of soldiers dying fighting for Russia is something that is costing his economy billions of pounds.
according to Finance TimesEach confirmed death of a Russian soldier results in a federal payment of 14 million rubles (£134,000). An estimated 352,000 Russian soldiers were killed. All in all, this amounts to a staggering 4,998,400,000,000 rubles, that is, four trillion.
Based on the current conversion rate between the ruble and the pound, this means death payments cost Putin’s economy around £47bn; and this does not include payments to families of injured soldiers.
Meanwhile, the situation for Russian soldiers on the front line is reportedly so deadly that the average life expectancy of a new Russian fighter is around 20 to 35 minutes, according to Russian military bloggers. This has been driven by advances in drone technology and Ukraine’s development of an effective front-line kill zone. Foreign policy he said in a report.
This crippling figure also comes at a time when Russian citizens are starting to feel the impact of fuel shortages caused by attacks on oil refineries due to Ukrainian strikes.
In regions such as Moscow and occupied Crimea, gas stations introduced rationing and limited sales to 20 liters per vehicle. The situation became so dire that Putin had to acknowledge the issue.
It said in a statement that the attacks had caused “certain famine”. Putin said at a meeting: “You are aware that problems remain for both motorists and businesses. Unfortunately, there are still queues at gas stations and it is not always easy to find gasoline of the right quality.”
He later added in a rare television interview that the attacks were “clearly causing trouble” and “causing trouble.”
Ukrainian President Volodymyr Zelenskyy also commented on the strikes. “Following another successful attack on oil refineries, he said on Twitter/X on June 28: “We continue our operations that undermine Russia’s ability to wage this war.
“Each of our long-term sanctions means a reduction of resources serving Russia’s war machine and a new step towards peace. We will continue to respond to Russian terrorism. I thank our warriors for these results! I am grateful to everyone who helped us.”
