Russian President Vladimir Putin.
Russian President Vladimir Putin.
  • Russia is putting its economy at risk to fuel its grinding war with Ukraine, UK intelligence said.
  • The Russian economy "is likely at risk of overheating," said UK's Ministry of Defense. 
  • Higher inflation could "increase the costs of funding Russia's war in Ukraine," the agency said.

Russia's economy may soon be at risk of "overheating" as the government ramps up its military spending to continue to fuel the Kremlin's grinding, nearly two-year war with Ukraine "above all else," British intelligence said on Monday.