Putin increased the size of the Russian army by 180,000 soldiers
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World
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Putin increased the size of the Russian army by 180,000 soldiers

Putin increased the size of the Russian army by 180,000 soldiers
Source:  online.ua

Russian dictator Vladimir Putin signed a decree increasing the number of Russian Armed Forces personnel by 180,000.

Points of attention

  • Putin signed a decree to increase the number of servicemen in the Russian army by 180,000, bringing the total number to 1.5 million.
  • Losses of the Russian army during the war in Ukraine: 8,540 personnel losses in a week, a significant amount of equipment and weapons were destroyed.
  • British intelligence data indicate an increase in Russia's daily losses in August 2024 to 1,187 people, with total losses reaching 610,000 people since the beginning of the war.

Putin has once again increased the size of the Russian army

I decree: 1. To establish the staff strength of the Armed Forces of the Russian Federation in the amount of 2,389,130 units, including 1,500,000 servicemen, the document states.

Putin also instructed the government to allocate the necessary budget funds to the Ministry of Defense for the implementation of the relevant decree.

Thus, Putin increased the size of the army by 180,000 troops.

In December 2023, Putin also increased the size of the Russian army, bringing the number of servicemen to 1.32 million. Before a full-scale Russian invasion began in 2022, the Russian armed forces barely exceeded 1 million.

What are the losses of the Russian army during the week

According to the commander of the Ground Forces Oleksandr Pavlyuk, during the week from September 8 to 15, the losses of the Russian Federation amounted to about 8,540 personnel.

In addition, the Armed Forces managed to destroy:

  • 44 tanks;

  • 166 combat armored vehicles;

  • 305 artillery systems;

  • 6 RSZV;

  • 5 air defense systems;

  • 466 units of auto equipment;

  • 37 units of special equipment.

In addition, the Armed Forces destroyed an enemy aircraft, 4 missiles and 370 UAVs.

According to British intelligence, Russia's daily losses (killed and wounded) in Ukraine increased in August 2024 to 1,187 people per day. Since the beginning of the war, Russia's losses have reached 610,000.

Category
Economics
Publication date

The fortunes of the world's 500 richest people have fallen by a record amount — here's why

Zuckerberg
Source:  Bloomberg

The combined fortunes of the world's 500 richest people fell by $208 billion on Thursday as a result of massive tariffs announced by US President Donald Trump, with American billionaires suffering the most.

Points of attention

  • President Trump's announcement of massive tariffs caused a $208 billion decline in the combined wealth of the world's 500 richest individuals in a single day.
  • American billionaires such as Mark Zuckerberg and Jeff Bezos suffered substantial losses, with Zuckerberg losing $17.9 billion and Bezos losing $15.9 billion.
  • Tesla CEO Elon Musk also experienced significant losses, including $110 billion, due to the plummeting shares of the electric car maker after the tariff announcement.

US billionaires hit by Trump tariffs

This was the fourth-largest one-day decline in the 13-year history of the Bloomberg Billionaires Index and the largest since the COVID-19 pandemic.

More than half of the billionaires on the Bloomberg list suffered losses, falling an average of 3.3%. Americans Mark Zuckerberg and Jeff Bezos suffered the most.

Zuckerberg lost $17.9 billion after Meta shares fell 9%, while Bezos lost $15.9 billion as Amazon shares also fell 9%.

Tesla CEO Elon Musk lost $110 billion, including $11 billion on April 3 as the electric car maker's shares plunged. The company's shares fell 5.5% on Thursday after the tariffs were announced.

Carvana CEO Ernest Garcia III lost $1.4 billion after the used car retailer's shares fell 20%.

Shopify co-founder Toby Luetke lost $1.5 billion. Shares of the company, which makes most of its revenue from selling imported goods, fell 20% in Toronto.

LVMH owner Bernard Arnault also suffered losses as his fortune was reduced by $6 billion due to the company's shares falling due to expected customs restrictions on the export of alcohol and luxury goods to the United States.

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