Mytishchi, Russia, June 30, 2026 (AFP) - Russia's small businesses pay the price of spiralling Ukraine war

NAMPA / AFP

2026-06-30

In a Moscow suburb, shut-down shops and "for rent" signs reveal the creeping toll of Russia's slowing wartime economy. Amid huge outlays on its war in Ukraine, tax rises, stubborn inflation and nervy consumers are all weighing on Russia's small companies. "My business is on its last legs. I'm thinking about shutting down completely," the owner of a pharmacy in Mytishchi, on the northeastern outskirts of the Russian capital, told AFP. In business......

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