"Everyone's thinking about how to withdraw their money and leave": concerns of Russian elites
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Ukraine appears to have seized the initiative in the war and is actively ravaging the Russian rear with its drones. Targets up to 2,000 kilometers from the Ukrainian border have come under attack. Oil refineries, oil depots, and military infrastructure are burning. A fuel crisis is escalating across the country. The deteriorating trend is obvious, and it is keeping the Russian elites on high alert. The Washington Post writes about this . Alongside the fuel crisis, economic problems in Russia are gathering pace. War costs are rapidly rising, as is the hole in the Russian state budget. The decline in oil prices following the end of the war in Iran has added further pressure. Authorities are already discussing unpopular measures such as confiscating bank deposits. "Everyone is thinking about how to withdraw their money and leave," one Moscow businessman told reporters. According to a former senior Russian financial official, there is a growing sense of uncertainty within the elite. "There's complete uncertainty right now. There's a feeling there's no happy ending to this story in sight," he told WP on condition of anonymity. A source close to Russian diplomatic circles expressed serious concern. "Everything depends on how much we can limit Ukrainian strikes on Russian territory and how quickly we can create air defense systems... People no longer feel safe. War is knocking at our door," he said. A source told WP that Russian authorities were unprepared for how quickly Ukraine would begin developing its UAV technology. "We don't have enough air defense systems to protect our infrastructure. No one seems to know how to quickly increase their production. This is a dire situation for which Putin and his inner circle were clearly unprepared. They weren't prepared for a long war and weren't prepared for the drone threat," the source noted. The problem is exacerbated by the Kremlin's extreme reluctance to acknowledge problems, with officials trying to avoid reporting bad news to the Kremlin leader. The situation for Russia is rapidly deteriorating. Despite this, Vladimir Putin appears determined to continue the destructive war. Moreover, sources within the Russian Federation expect a new escalation. Frustration with Kremlin leader Vladimir Putin is growing among Russian elites, driven by the prolonged war in Ukraine and the worsening economic situation in Russia. The Guardian noted that "interviews with several people in the orbit of the Russian leader, as well as sources in the Russian business world and western intelligence officials, paint a picture of an isolated leader surrounded by an elite that is becoming rapidly disillusioned, both with the faltering war in Ukraine and the economic downturn at home".
"There's definitely been a shift in mood among the elites this year … there is profound disappointment in Putin," said a source described by The Guardian as a "well-connected business leader".
According to the source, there is "a growing sense that some kind of catastrophe is looming".
"No one believes everything will suddenly collapse tomorrow. But there is a growing realisation that utterly senseless, self-destructive decisions keep being made. People who once defended Putin no longer do. Any sense of a future has disappeared," the source said.
The report stated that Putin's approval rating is falling, the economy is under increasing pressure and even pro-Kremlin bloggers who previously rarely criticised the Russian leader are beginning to express their dissatisfaction.
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