The economic aftermath of «the events» in the Kursk region – Riddle Russia

The invasion of Russian territory by the Ukrainian army may have much more dramatic consequences than an external observer might imagine.

The most significant blow to the Russian economy did not come from the seizure of the Bank of Russia’s assets or the introduction of an oil price ceiling, but from the Ukrainian counter-offensive of late summer and early autumn 2022, which triggered partial mobilisation.

The invasion by Ukrainian forces has also created serious problems in the transport sector.

The Kursk NPP provides energy to 19 Russia ’s regions, supplying 90% of the electricity consumed by the region.

It is quite possible that long-range artillery and short-range missiles could strike the plant's high-voltage transmission grids from a distance of 2025 kilometres , which could provoke a power collapse in the entire Central Region of Russia .

If the crisis leads to repression, even if not on a mass scale (there is talk about plans to instigate dozens, if not hundreds , of criminal cases against the top brass), this could be a difficult test for Putin ’s regime, where it has been customary for officials to get away with almost anything.

The reaction of Russian elites to such a change is probably impossible to predict at this point.