EZB8RISK / Market Verdict

AI Search: Russia's latest budget draft adds a record 2027 defense-spending figure and a larger 2027 deficit forecast.

Russia's latest budget draft adds a record 2027 defense-spending figure and a larger 2027 deficit forecast. The update is materially negative for Russia-linked risk assets.

Sources: https://charter97.org/en/news/2026/10/4/700631/, https://www.malaymail.com/news/world/2026/10/04/more-guns-less-schooling-russias-2027-budget-goes-all-in-on-war/237540, https://

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