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Putin faces Ukrainian drone strikes and economic stagnation at St. Petersburg economic forum

By

Keir Simmons, Natasha Lebedeva, Henry Austin

1mo ago· 5 min readenNews
politicsbusinesswar & conflictgeopolitics

Summary

Russian President Vladimir Putin is set to speak at the St. Petersburg International Economic Forum (dubbed the 'Russian Davos') amid mounting challenges. Ukrainian drone strikes recently hit St. Petersburg, setting an oil terminal ablaze and disrupting airport operations, undermining Putin's hopes of downplaying the four-year conflict. The article highlights Russia's stagnating economy and the difficulty of showcasing economic strength while the war continues to impact domestic security and foreign investment prospects.

Source

bskyPutin faces Ukrainian drone strikes and economic stagnation at St. Petersburg economic forumnbcnews.to

Key quotes

· 3 pulled
Putin has previously used the International Economic Forum, in Russia's cultural capital, to showcase his country's economy and encourage foreign investment.
But if he had hoped to minimize the impact of the four-year-old conflict at this year's event, Wednesday's attack likely ended those hopes.
An oil terminal was set ablaze, flights at the city's airport were delayed or diverted.
Snippet from the RSS feed
Russian President Vladimir Putin is set to deliver a speech at a flagship annual economic forum Friday, days after Ukrainian drone strikes rocked the host city St.

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