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submitted 1 month ago by SalaciousBCrumb@lemy.lol to c/world@quokk.au

Russia's economy is teetering on the brink of collapse, with industrial production taking a nosedive and major corporations initiating widespread layoffs as the impact of a three-year war with Ukraine inevitably hits home.

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[-] Yawweee877h444@lemmy.world 27 points 1 month ago

Is the irishstar trustworthy?

[-] Skua@kbin.earth 51 points 1 month ago

No. It's part of Reach plc, who are responsible for many of Britain's shittiest tabloids

It might still be correct here - other more reputable outlets like Reuters have reported on the troubles of the Russian economy - but I would not trust this by itself

[-] psud@aussie.zone 6 points 1 month ago* (last edited 1 month ago)

Specifically Reuters say Russian interest rates are 10%, irishstar says 20%

The rest of the irishstar article is "this person says..."

[-] Skua@kbin.earth 1 points 1 month ago

Reuters says inflation is 10%, not interest (unless you're referring to a different article?)

[-] Grainne@lemmy.dbzer0.com 12 points 1 month ago

How long is a piece of string? It's a British tabloid. This is the American version it might be better quality.

[-] h3mlocke@lemm.ee 5 points 1 month ago

Wait a minute, how long is a piece of string?

[-] Yawweee877h444@lemmy.world 9 points 1 month ago

It highly depends on how long it is.

[-] ZagamTheVile@lemmy.world 5 points 1 month ago

About an hour.

[-] casmael@lemm.ee 3 points 1 month ago

About 6 inches ;)

[-] prex@aussie.zone 2 points 1 month ago
[-] Irelephant@lemm.ee 5 points 1 month ago

No. Its a tabloid.

[-] Aatube@kbin.melroy.org 1 points 1 month ago

It quotes analysts.

this post was submitted on 17 Mar 2025
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