Russian defense spending surges to $300 million a day during Ukraine war
The Moscow Times reports: Russia spent more than $300 million per day on defense last month as its invasion of Ukraine continued to drag on, according to Finance Ministry data, more than doubling its pre-war defense spending. Defense spending has increased every month since President Vladimir Putin sent troops into Ukraine in late February as Russia’s Armed Forces failed to secure a quick victory and settled for a strategy of capturing eastern territories. If Russia’s defense spending in February totaled…