Russian President Vladimir Putin faces mounting financial pressure as the invasion of Ukraine continues, with Western sanctions and a depleted labour force straining the economy. The Central Bank of Russia’s interest rate has risen to 21%, the highest since the conflict began, leading to increased costs of debt for businesses. Inflation is expected to reach 8.5% this year and intensify in 2025 as government spending on defense rises, exacerbating trade-offs between controlling inflation and supporting economic growth.
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Daniel Dubois in talks for undisputed heavyweight rematch with Oleksandr Usyk at Wembley after controversial first fight
Daniel Dubois is in talks to rematch Oleksandr Usyk at Wembley for the undisputed heavyweight titles after their controversial first fight in August 2023. Usyk currently holds the WBC, WBA, and WBO belts, while Dubois is the IBF champion. Talks are underway for all four belts to be on the line in a potential rematch, with Usyk vacating the IBF title to proceed with the fight. Full Article
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