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Government Preparing New Economic Paradigm

RUSSIA
  • Having taken full control of the Luhansk region, Russian forces are now directing their efforts towards Slovyansk in Donetsk – another industrial centre at the heart of the Donbas. Regional governors in the area have recommended that all 35,000 citizens evacuate the surrounding area, with Russian forces now 10 miles north of the city.
  • Vedomosti reports that the government is planning a social overhaul in Russia – effectively a new model of government to match the new geopolitical reality. Ministers have been tasked with identifying weaknesses in current systems and to present various visions of the future across a number of territories. One of the primary goals, according to the report, is to determine how to achieve sovereignty across key sectors including medicine, IT and industry.
  • President Putin is today set to meet with Duma leaders, while foreign minister Lavrov heads to the G20 meeting in Indonesia – at which talks surrounding the Ukraine invasion will likely occupy most of his time.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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