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Russian Economic Policies Face Internal Criticism Amid Overheating Concerns

Key officials warn that nationalizations and military spending are straining the economy, risking investor confidence and driving inflation.

  • Top Russian officials criticize the Kremlin's nationalization policy and military spending.
  • Sberbank CEO Herman Gref warns of an overheated economy and high production capacity utilization.
  • Central Bank Governor Elvira Nabiullina highlights risks to investor confidence due to asset seizures.
  • Russia's inflation rate rises to 8.17%, driven by labor shortages and high demand for military goods.
  • Finance Minister Anton Siluanov defends asset seizures, stating the state plans to sell them.
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