- Oct 7
Russia expands 2026 military spending to 17 trillion rubles after Alaska talks stall
Moscow is increasing defense spending to 17 trillion rubles in 2026, roughly 40% above initial targets, following the failure of diplomatic talks in Anchorage to yield a peace agreement.
- Oct 1
Russia cancels sovereign bond auction as deficit projection rises to 7.3 trillion rubles
The Russian Finance Ministry declared its final third-quarter OFZ bond auction void on 30 September 2026 after investors demanded yields approaching 17% to fund expanded war spending.
- Oct 1
Russia drafts 2027 budget raising defense spending to 17.1 trillion rubles while cutting social programs
Russian government draft documents allocate 17.1 trillion rubles to defense in 2027 while cutting funding for social policy, healthcare, and education.
- May 26
Putin signs debt relief decree for new Ukraine war recruits as Russia struggles to replace battlefield losses
Russian President Vladimir Putin has signed a decree cancelling debts of up to 10 million rubles for new military recruits and their spouses, the latest incentive as Moscow seeks to replenish forces in the more than four-year-long war in Ukraine without resorting to another politically risky mobilization.