Russia's state development bank VEB.RF has removed its top economic analyst Andrei Klepaci. The dismissal of Andrei Klepaci came after he made a scathing speech on the war-driven economy. The bank chose to dismiss its chief economist after he issued public warnings about the conflict.
In the speech, Klepaci warned that Russia cannot win a war of attrition in Ukraine. He also stated that Russia cannot win a war of attrition against the West. In addition, Klepaci warned that the country is confronting a social crisis. VEB.RF sacked him after his public warnings about the conflict.