Russia's Finance Ministry will auction large rough diamonds from state reserves, seeking funds amid mounting war costs and following a record gold selloff.
The key is simply ensuring that Ukraine survives whatever Putin’s planning next. This sell-off might be to fund a troop surge. There’s zero chance that Putin loses the war without at least attempting a general mobilization first. Regardless of how badly it would have the potential to backfire, it’s definitely a desperation tactic that Putin will at least attempt before admitting defeat. Ukraine’s strategy is working at the moment, but in much the same way that Ukraine attacking Russia’s economic resources is putting Russia under pressure, Russia stretching Ukraine’s manpower could put Ukraine under pressure.
In the recent drama between Fedorov and Syrskyi, one of the things Syrskyi mentioned at his dismissal was how complicated troop procurement has been. The West can loan Ukraine money, but it can’t help with Ukraine’s manpower. So whether or not Ukraine’s drone strategy can still neutralize Russia’s manpower advantage if Russia issues a general mobilization order is a question I’ve been worrying about.
The key is simply ensuring that Ukraine survives whatever Putin’s planning next. This sell-off might be to fund a troop surge. There’s zero chance that Putin loses the war without at least attempting a general mobilization first. Regardless of how badly it would have the potential to backfire, it’s definitely a desperation tactic that Putin will at least attempt before admitting defeat. Ukraine’s strategy is working at the moment, but in much the same way that Ukraine attacking Russia’s economic resources is putting Russia under pressure, Russia stretching Ukraine’s manpower could put Ukraine under pressure.
In the recent drama between Fedorov and Syrskyi, one of the things Syrskyi mentioned at his dismissal was how complicated troop procurement has been. The West can loan Ukraine money, but it can’t help with Ukraine’s manpower. So whether or not Ukraine’s drone strategy can still neutralize Russia’s manpower advantage if Russia issues a general mobilization order is a question I’ve been worrying about.