Moscow offers loan forgiveness to new borrowers and AP sees the collapse of Russia’s new economy

KYIV, Ukraine (AP) – Russian President Vladimir Putin has signed a law granting loan forgiveness to new military personnel going to war in Ukraine.

The measure, whose final version appeared on the government’s website Saturday, underscores Russia’s military requirements for the nearly three-year war, even as it fired a new medium-range missile last week.

According to the Russian state news agency Interfax, the new law allows signatories of a one-year contract to write off bad debts of up to 10 million dollars ($96,000). The law applies to debts that have been ordered to be collected by a court and the proceedings have begun before December 1, 2024. You also work for newly married couples.

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Russia has increased military recruitment by offering financial incentives, in some cases several times the average salary, to those willing to fight in Ukraine.

This strategy allowed the military to advance positions in the conflict zone while avoiding a separate mobilization process. A “minimum roundup” in September 2022 led to the exodus of tens of thousands of Russian men, who fled the country to avoid conscription.

A serious and drawn-out war strained Russia’s resources. Putin in September called on the army to increase its forces by 180,000.

The U.S., South Korea and Ukraine say North Korea sent more than 10,000 troops to Russia in October, some of whom have recently launched a front offensive, further pressuring Ukraine’s already exhausted and outnumbered forces.

The takeover push coincides with a new medium-range missile the Kremlin fired into Ukraine on Thursday. Putin said this was in response to Kiev’s use of American and British missiles capable of deep strikes in Russia.

Ukraine’s Security Service showed The Associated Press on Sunday the collapse of the ballistic missile test, which hit a factory in the center of the Ukrainian city of Dnipro.

Fragments of the projectile, called Oreshnik – Russian for hazel tree, and which the Pentagon says is based on Russia’s RS-26 Rubezh intercontinental ballistic missile – have not yet been examined, according to security officials on the ground in an undisclosed location in Ukraine. The AP and other media were able to see the footage before the investigators took it.

Burnt, tangled wires and a puff of air the size of a large snow tire were all that remained of the weapon, which can carry conventional or nuclear weapons.

“It should be noted that this is the first time that the remains of such a weapon have been found on the territory of Ukraine,” said the expert of Ukraine’s Security Service, who identified himself by his first name Oleh because he was not. they are authorized to discuss this matter with the media.

Ukraine’s Main Intelligence Directorate said the missile was launched from the 4th Missile Test Range, Kapustin Yar, in Russia’s Astrakhan region and flew for 15 minutes before hitting Dnipro. The weapon had six arms, each with six arms. Top speed was Mach 11.

Meanwhile, Moscow sent 73 drones into Ukraine overnight on Sunday. According to the air force of Ukraine, 50 drones were destroyed and four were lost, probably due to electric shock.

The President of Ukraine, Volodymyr Zelenskyy, said on Sunday that the Russian military last week hit Ukraine with more than 800 guided aerial bombs, about 460 attack drones and more than 20 missiles.

In Russia, the Ministry of Defense said that 34 Ukrainian drones were shot down on Sunday night in four regions of western Russia, including Kursk, Lipetsk, Belgorod and one over the Oryol region.

___ Morton reported from London. ___ Follow AP’s coverage of the war in Ukraine at bin

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