Russia's economic decline deepens; Putin warns Moscow could pull out of grain deal again

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Russia's economic decline deepens; Putin warns Moscow could pull out of grain deal again
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As the war between Russia and Ukraine drags into the fall and winter, the economic repercussions on both countries, and the rest of the world, becomes clearer.

Data released on Wednesday by Russia's Ministry of Economic Development showed the country's downturn continued in September with a deepening contraction evident.

Russian President Vladimir Putin said that despite Russia's return to the deal, which it had withdrawn from last weekend blaming Ukraine for attacking its Black Sea fleet in Crimea, Moscow "reserves the right to withdraw" from it again if Ukrainian guarantees are not met. Bronnert was inside the ministry for around 30 minutes, a Reuters journalist at the scene said. There was no immediate statement from either Russia or Britain on the details of what was discussed.

Russia casts Britain as a particularly perfidious Western power which President Vladimir Putin says is plotting to destroy Russia and carve up its vast natural resources. "At 11:04 pm [Wednesday], the power plant went to full black-out mode. All 20 diesel generators started operating," Energoatom said. Although the plant's six reactors are shut down, power is still needed for cooling and safety operations.

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