Ukraine conflict, sanctions set to blow hole in Russia's finances
Nov 2 (Reuters) - The cost of Russia's military mobilisation and the impact of Western sanctions are set to blow a hole in the government's budget forecasts and drain Moscow's reserves to their lowest level in years, according to analysts' latest calculations.
That will put an ever greater strain on the Kremlin's resources as President Vladimir Putin seeks to fund a conflict with no end in sight and prepares for a possible re-election bid in 2024.