Part 1/10:
Putin's Admission of Defeat: A Turning Point for Russia's Economy and Politics
On December 19, 2024, Russian President Vladimir Putin delivered an unprecedented address during his annual televised question and answer session, openly admitting the dire state of Russia's economy and the growing unrest within the nation. This candid acknowledgment marks a significant departure from the typical rhetoric of strength and stability that has characterized Putin's presidency. With inflation reaching a staggering 99.5%, interest rates soaring and political instability on the rise, what does this mean for the future of Russia?