Top Russian economist replaced after warning of economic costs of Ukraine war
Headline from KESQ Palm Springs
By Anna Chernova, Issy Ronald, CNN (CNN) — Andrey Klepach, one of Russia’s top economists, has been replaced as chief economist of the country’s national development bank shortly after a speech was made public in which he reportedly said Russia’s economy was being damaged by the war in Ukraine.
KESQ Palm Springs's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
"I believe Russia will not fall apart, but I am almost certain that we will arrive at a social crisis," Andrei Klepach, the chief economist of VEB.RF, was quoted as saying. "Economically, we will not collapse, but we will continue to fall further behind, with all the consequences that entails."
Andrei Klepach of VEB said Russia’s economy was falling behind China, US and ‘in some respects Ukraine’ Europe live – latest updates The chief economist at Russia’s second-largest bank has been fired after a series of critical comments about the state of the economy, including warnings that Moscow w…
VEB.RF, Russian state development bank, economist Andrei Klepach warned Russia is losing the war of attrition before his firing, as the European Union prepares sweeping sanctions.
By Anna Chernova, Issy Ronald, CNN (CNN) — Andrey Klepach, one of Russia’s top economists, has been replaced as chief economist of the country’s national development bank shortly after a speech was made public in which he reportedly said Russia’s economy was being damaged by the war in Ukraine.
