Analysts have calculated the Kremlin's money and assessed the state of the Russian economy.
Newly elected US President Donald Trump has real levers of influence on Kremlin leader Vladimir Putin, which can force him to end the war in Ukraine. If tough sanctions are imposed, Putin will have to beg for a peace agreement by the end of the year.
This is stated in the Time article.
As the authors write, Putin has an unacceptable budget deficit to finance his military machine, which has already reached tens of billions.
“Trump realized that he has leverage over Russia, while Putin is dealing with bankruptcy and total collapse,” the analysts noted.
According to a Time study, the Kremlin will face a financial deficit by the end of 2025. However, the crisis could come sooner if tougher sanctions are imposed.
“Putin is hiding how weak the Russian economy is by keeping quiet and manipulating the numbers. Now Putin refuses to release key economic indicators, as the IMF requires and as Russia has done in the past,” Time writes.
Turn off Russia's oil tap
They add that they analyzed information on oil and gas production, as well as data on foreign trade, capital inflows and outflows, financial statements of large companies, Central Bank data on the monetary base, foreign direct investment, gross domestic product, as well as data on lending and lending.
And although in Russia has been making significant profits from oil sales in recent years, and Trump has realized the power of sanctions.
Time also explains that the world doesn't need Russian oil, but Putin is desperate to sell it to prevent bankruptcy.
“If President Trump uses economic sanctions to turn off Putin's oil windfall, Putin will have to beg for a deal by the end of the year or run out of money,” the authors write.
Recall Donald Trump's statements about his intention to force Russia to sign an agreement using sanctions. However, as stated in the Office of the President of Ukraine, it is also important to increase military assistance to Ukraine in order to achieve results.
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