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📈 Business · NYT World ·

Russian Bakery Fights 3,500% Tax Increase

A small bakery near Moscow faces a huge challenge: a 3,500% tax increase. This small business owner's plight highlights the broader consequences of Russia's war on its economy and threats to small businesses in the country.

The challenges faced by a small-business owner near Moscow highlight how Russia’s war-drained economy is on the doorstep of a major crisis.