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MILITARY & DEFENSE
Putin is ready to squeeze Russia's outrageously wealthy elite to fund a future war with NATO, analysts say
Tom Porter Mar 21, 2024, 8:31 AM EDT
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A crowd waving Russian flags in front of a stage, with Vladimir Putin pictured on large TV screens.
Russian President Vladimir Putin in Red Square, Moscow, to mark 10 years of Russia's annexation of Crimea on Monday.
Contributor via Getty Images
Vladimir Putin is moving to squeeze Russia's wealthy elite, a think tank said.
He needs the money to boost military spending, analysts said, and is prepared to ruffle feathers.
Analysts said it's a sign Putin's readying for a war with NATO.
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Russian President Vladimir Putin is preparing to squeeze Russia's wealthy elite to fund a conflict with NATO, a think tank said.
The Institute for the Study of War, a US think tank, drew attention to two recent speeches in which Putin voiced rare criticism of the rich loyalists who've been the backbone of his power.
In a Tuesday meeting with leaders from Russia's lower parliament, the Duma, Putin set out the priorities for his new term in office.
He urged officials to "act in the interest of the state instead of corporations or parties."
The remarks could be seen as a thinly veiled swipe at the widespread corruption that characterizes modern Russia (and from which, Putin's critics allege, he has also handsomely benefited).
