Navalny Foundation releases video from Putin's luxury palace
Category
Politics
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Navalny Foundation releases video from Putin's luxury palace

Putin's luxurious estate

Representatives of the Anti-Corruption Foundation established by the late Russian opposition leader Alexei Navalny have released photos and videos from the luxurious palace of Kremlin dictator Vladimir Putin near Gelendzhik.

Putin's elite estate contrasts with the widespread poverty of most ordinary Russians

We have managed to obtain video footage from inside Putin's palace in Gelendzhik, which is now fully completed. And now we will see everything with our own eyes - the stucco, crystal chandeliers, personal chapel and, of course, the aqua disco. We will literally break into Putin's house and show him who he really is. He is an old, crazy dictator who, even during the war he unleashed, could not stop and continued to build his luxurious palace, the Anti-Corruption Foundation representatives said.

A scandalous investigation in 2021 into the Kremlin dictator's palace led to the Russian oligarch Arkady Rotenberg, who is close to him, claiming that the estate allegedly belongs to him and that an apartment hotel will be opened there after reconstruction.

Investigators filmed the video in Putin's palace in Gelendzhik
Putin's Palace in Gelendzhik

However, the Anti-Corruption Foundation notes that no apartment hotel has appeared in the Idokopas Palace for more than 3 years, although the renovation work has been completed.

What was captured on video from Putin's palace

In particular, on the hidden camera video of the investigators, you can see an aqua disco, a swimming pool, a street alley with pseudo-antique statues, a jacuzzi, a massage room, numerous paintings on a military and patriotic theme, expensive furniture and chandeliers.

Investigators filmed the video in Putin's palace in Gelendzhik
Putin's Palace in Gelendzhik

Instead of a room for games and a casino, a home chapel appeared, where an unusual triptych with icons of the Mother of God, Jesus Christ and St. Volodymyr is located. There is also a throne.

The foundation also published the floor plans of the palace premises. At the time of shooting, not all furniture was unpacked.

Category
Economics
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Ending the war against Ukraine could destroy Russia's economy

Putin is afraid to stop the war

The Wall Street Journal concluded that the Russian economy has become dependent on the war in terms of jobs, wages and growth. Accordingly, if a truce is achieved on the front, the aggressor country will be on the verge of collapse.

Points of attention

  • The cessation of war-related production could result in slower growth or recession in Russia in the near term.
  • Experts predict that the decrease in domestic consumption following the end of the war could further impact Russia's economy.

Putin is afraid to stop the war

According to Heli Simola, a senior economist at the Bank of Finland's Institute of Economics, almost half of the aggressor country's economic growth in 2024 was directly due to war-related production.

It is also impossible to ignore the fact that payments to the families of Russian invaders fighting in Ukraine have increased the well-being of some of the poorest regions of the country.

Experts predict that the cessation of such stimulation will lead to a decrease in domestic consumption.

If Russian dictator Vladimir Putin wants to avoid economic collapse, he will have to continue spending at current levels long after the war is over.

If military spending is cut, it will lead to job losses and general disillusionment in many Russian regions, said Janis Kluge, a Russia expert at the German Institute for International and Security Affairs.

According to Capital Economics forecasts, the decline in spending could lead to slower growth or even recession in Russia in the near term.

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