Economy · World

Russians turn to cash amid challenges in wartime economy

1 sourceFirst reported 2 days agoUpdated 2 days ago

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Russians are increasingly relying on cash payments as mobile internet shutdowns persist.
More businesses in Russia are attempting to evade taxes amid the ongoing conflict with Ukraine.
The shift to cash is adding pressure to an already slowing wartime economy.
These developments occur after more than four years of war, which has significantly impacted economic conditions.

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AI summary: catch up in 20 seconds

Russians are increasingly relying on cash payments as mobile internet shutdowns persist.
More businesses in Russia are attempting to evade taxes amid the ongoing conflict with Ukraine.
The shift to cash is adding pressure to an already slowing wartime economy.
These developments occur after more than four years of war, which has significantly impacted economic conditions.

Generated by AI from the 1 sources below · always verify with the originals