Putin Faces Mounting Pressure as Russia‘s Economy Falters, Raising Specter of Internal Challenge
A deteriorating Russian economy, compounded by the ongoing war in Ukraine and increasingly stringent Western sanctions, is creating conditions ripe for a challenge to President Vladimir Putin’s authority, analysts say. The situation underscores a missed chance for Putin to de-escalate the conflict earlier, when proposals – including those reportedly offered by former U.S. President Donald Trump – may have offered a more favorable outcome.
Recent reports highlight the strain on Russia’s finances, wiht the European Commission considering a plan to utilize seized Russian assets to provide loans for Ukraine’s reconstruction. Together, calls are growing for Europe and NATO to bolster Ukraine’s defenses with increased weapons supplies, stricter energy sanctions, and a more robust response to Russian sabotage and cyberattacks. This escalating pressure comes as Putin’s military campaign continues to stall, and internal vulnerabilities within Russia become increasingly apparent.
The Guardian reported that Trump previously offered a deal to resolve the conflict, the details of wich remain largely undisclosed. However, Putin’s rejection of such opportunities now appears increasingly costly, as Russia’s economic prospects darken. Despite Russia’s past resilience, observers suggest Putin himself is the primary source of the current crisis, and that a shift in leadership may be unavoidable. “The Russian nation is too big to fail…But Putin can. He’s losing, not winning,” The Guardian noted, echoing a sentiment that Putin’s actions are isolating Russia and accelerating his own potential downfall.