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Russian state economist fired after stark warning about Moscow’s economic future

Monday, August 17, 2026


Andrei Klepach, an economist at VEB.RF, a Russian state development bank, was fired after issuing a warning about Russia's economic trajectory. Klepach had stated that Russia was losing a war of attrition, according to reporting on the dismissal. The European Union was preparing additional sanctions against Russia at the time of his firing.

Original reporting: https://www.foxnews.com/world/russian-state-economist-fired-after-stark-warning-about-moscows-economic-future

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