# Russian state economist fired after warning of bleak economic future

https://mins.news/en/item/24334

- Fox News, 2026-08-17 15:43 UTC
- Economy
- Original: https://www.foxnews.com/world/russian-state-economist-fired-after-stark-warning-about-moscows-economic-future

> Andrei Klepach, chief economist at state development bank VEB.RF, was dismissed after warning that Russia was losing its economic “war of attrition” with the West, falling behind technologically and economically, and could face a social crisis. As the EU prepares broader sanctions, higher oil prices may still give Moscow time to sustain its war effort.

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