Winning the war in Ukraine is about more than just numbers

A common question the media asks is how much money Russia has left to sustain the war against Ukraine. In response, experts discuss the burgeoning budget deficit, high interest rates, anemic investment and the fact that war costs have caused sharp reductions in public sector salaries, pensions, health and education.
Everyone is waiting for a gamechanger that hasn’t arrived yet. The recent increase in the global oil price offers only marginal benefit to Russia, since 20 to 40 percent of its oil export capacity has been rendered at l