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Event Brief

Russia's economy slows, Kremlin seeks to raise taxes

Russia's economic slowdown post-war in Ukraine prompts tax increases to cover budget deficits.
WHO: President Vladimir Putin
WHAT: Increase in taxes and fees
WHEN: Nov 16, 2025 at 7:00 PM ET
WHERE: Russia
WHY: To cover budget deficits due to economic slowdown
Sources (1): PBS NewsHour

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