Will failed mutiny impact Russia’s economic outlook?
The failed coup in Russia over the weekend has further exposed the ineptitude of the Russian top military command and raised questions of private troops’ loyalty to the regime. How Russian leadership tackles these issues in the coming days and weeks could affect the course of the Ukraine war. Meanwhile, the event highlights the risk of further commodity price shocks in the event of a more prolonged rebellion or destabilisation in Russia.
What you will learn:
- Will the failed mutiny impact Russia’s GDP outlook?
- The mutiny ended through negotiations within 24 hours of its beginning, but the spectacle of the Wagner convoy covering hundreds of kilometres of the Russian hinterland within hours has raised questions regarding the regime’s ability to hold on to power.
- The rebellion has highlighted the ineptitude of the Russian top military command and raised questions of private troops’ loyalty to the regime. Whether or not Russian leadership will address these issues in the coming days and weeks may influence the course of the Ukraine war.
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