The rate of delinquency on credit card debt payments in Russia increased sharply in May, business daily Kommersant reported on Friday. Economists link the rise in overdue payments to the crisis period of 2022, when some Russians turned to credit cards to cover their expenses.

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News outlets in the US and UK are portraying the insurrection as an existential threat to Vladimir Putin As news of the attempted armed coup by the Wagner private military company filtered out to the West, newspaper columnists and pundits rushed to predict the downfall of Russian President Vladimir Putin’s government, a military victory for…