Putin cancels important event due to panic – media
Vladimir Putin canceled the Navy Day parade in St. Petersburg and other ports due to fear of Ukrainian drone attacks. His address to sailors was pre-recorded. Meanwhile, the Russian economy is in turmoil: stock indices have fallen by 30%, shares of major companies are depreciating, and the Ministry of Finance has suspended OFZ placements three times.
Vladimir Putin canceled the large-scale Navy Day parade in St. Petersburg and Kronstadt, as well as in all key ports of the country — on the Baltic, Black, and Azov Seas, and the Pacific and Northern Fleets. The reason is fear of successful Ukrainian drone attacks. The address to sailors was pre-recorded. Meanwhile, the Russian economy is in crisis: the stock market has been falling for 19 consecutive weeks, indices have dropped nearly 30% since early April. Shares of Gazprom and VTB lost over 21%, Norilsk Nickel 24%, Aeroflot 27%, MTS 28%, and Polyus collapsed by 53% in two weeks. The Ministry of Finance suspended OFZ placements three times due to lack of demand. Elites are massively moving capital into cryptocurrency and foreign real estate. The article cites Daily Express and data from the Ukrainian Foreign Intelligence Service. The author uses emotionally charged language: 'frightened', 'panic', 'dictator', 'Kremlin master', 'erupted in threats'.