How Long Can Russia’s Weakening Economy Support Putin’s War on Ukraine?

In 2025 signs of weakness in the Russian economy are increasingly visible: high inflation, growing financial stresses, gasoline and food shortages, rapidly slowing oil revenues, shortages of key manufacturing parts, failed auctions of sovereign bonds, and depletion of its sovereign wealth fund. Many analysts predict the Kremlin’s ability to maintain its war economy will be severely stressed in the coming months, especially as Ukrainian strikes reach more Russian infrastructure and degrade the petroleum industry that pays for the war.

Join noted economists Anders Aslund and Volodymyr Lugovskyy and Hudson Senior Fellow Thomas Duesterberg for an event that will analyze how growing economic problems are affecting Vladimir Putin’s war effort and his ability to avoid an economic crisis.