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  • Writer's pictureBy The Financial District

Russia Has Spent $167 Billion On Ukraine Invasion

Russia has incurred substantial financial losses, with expenditures amounting to $167 billion in its full-scale invasion of Ukraine.


Russia's invasion has also resulted in the destruction of Russian military equipment valued at $34 billion as of August 24. I Photo: Oleksandr Ratushniak Wikimedia Commons



This invasion has also resulted in the destruction of Russian military equipment valued at $34 billion as of August 24. These figures were reported by Forbes, citing information from the General Staff of Ukraine's Armed Forces.


Additionally, Moscow has taken strategic actions in response to recent developments.



Following an attack on a shipyard in Sevastopol, Russia relocated three amphibious boats from the Black Sea to the Azov Sea.


This move was confirmed by Ukrainian Navy Speaker Dmytro Pletenchuk during a question-and-answer session, as reported by Kyiv Independent.


Furthermore, there have been reports of a drone striking an oil depot in southwestern Russia on the same day. This incident resulted in a fire at a fuel tank, which raged until firefighters arrived and successfully extinguished it.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

The information was relayed by Russian Governor Andrei Klychkov via his official Telegram channel, as reported by Kyiv Independent. These developments illustrate the ongoing complexities and consequences of the conflict in the region.





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