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EconomyTop Russian economist ousted after warning of rising costs of Ukraine war

Andrey Klepach has been removed as chief economist of Russia’s state development bank VEB after a publicised speech warning that the war in Ukraine was damaging the economy. He said Russia was falling behind rivals, facing mounting costs and could eventually encounter a social crisis.

Russia economyUkraine warAndrey Klepach

AAl Jazeera★★★☆☆2026-08-18 08:05Original

Top Russian economist ousted after warning of rising costs of Ukraine war
Top Russian economist ousted after warning of rising costs of Ukraine warEconomy