Putin orders sharp rise in war spending after Alaska meeting with Trump
Bloomberg reports Putin ordered a sharp increase in Russia's war spending in late 2025, triggered by his August 2025 meeting with Trump in Alaska. The move signals a potential escalation in the Ukraine conflict, though details on the scale and timing remain unconfirmed. This development suggests a shift in Russia's fiscal priorities toward sustained military operations.
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Russia's 2026 Defense Spending Surges to Record $200B After Putin-Trump Meeting
Russia's 2026 defense budget is projected to reach a record $200 billion (17 trillion rubles), a 40% increase over original plans and approximately $60 billion above the initial budget. This surge in war spending was reportedly ordered by President Putin in late 2025, following an August 2025 meeting with Donald Trump in Alaska, signaling a deepening fiscal commitment to sustained military operations in Ukraine.