Russia’s war in Ukraine is now creating serious financial problems for one of the country’s most important companies. Russian Railways, the massive state operator that moves freight across the world’s largest country, is facing rising debt, declining cargo volumes, and growing pressure on its finances. Military transport has increasingly taken priority over civilian freight, disrupting supply chains and reducing revenues. With more than $50 billion in debt, the company may require significant state intervention to remain stable. In this episode of Eastern Express, we examine how the war is beginning to strain the infrastructure that keeps the Russian economy moving.
Host: Benjamin Lee
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