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Putin Denies Funding Ukraine War, Tycoons Offer Support

Published 4 days, 7 hours ago
Description

The Kremlin denies claims that Putin asked businessmen for war funds. Despite rising military costs, officials assert reports of a cash shortage are false. Business leaders, who built their fortunes through government ties, have offered large sums, but these are not earmarked for the conflict. Russias finances are strained, with a forty-two percent increase in the defense budget, and officials considering another windfall tax.

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