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Tuesday, October 27, 2026
Day 1,706 of Russia's full-scale invasion of Ukraine4 years, 8 months and 3 days

CAOLAN REPORT

Independent reporting from the front lines of Ukraine
Reports

Something is going deeply wrong in Russia

By Caolan Robertson · June 30, 2025

This last week signals a strong turning point in Russia. Starting with the St. Petersburg International Economic Forum, grave news has been coming out in headlines across Russia about its economy and inflation, warning Russians about rising food and energy costs.

The Kremlin doesn’t put out statements like that unless things are truly last-minute and critical, which signals a serious shift in Russia’s economic system.

In this video, I assess what that looks like for Ukraine and what it means for Russia’s defense spending.

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