HEY, BIG SPENDER: Russia raises 2027 military spending by 27%, budget documents show. “The documents showed that in 2026 the government will increase its net borrowing plan by 26% to 5 trillion roubles and spend 459 billion roubles — about 11% of the liquid part of its National Wealth Fund — to reduce the deficit. It also cut the oil and gas revenue estimate for 2026 to 7.6 trillion roubles from 8.9 trillion roubles previously.”
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