Headlines This Hour | Russia Proposes VAT Increase to Fund Military, Trump Slams Putin’s War Effort

Описание: Russia’s Finance Ministry has proposed raising the Value Added Tax (VAT) from 20% to 22% starting in 2026, as part of efforts to fund its ongoing military operations in the fifth year of its war with Ukraine. Meanwhile, U.S. President Donald Trump has criticised Russia's economic struggles, calling Putin’s war efforts a "paper tiger" and claiming the country is in "big economic trouble." Watch for more on the potential impacts of this tax hike and Trump's remarks on Russia's ongoing war.

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