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Panic Over Potential Bank Account Freezes in Russia

As rumors spread, the Russian public grapples with the fear that the Kremlin may be considering freezing bank accounts to combat rising inflation. This potential move comes amidst spiraling inflation rates, officially reported at 9%, but many economists believe the reality is significantly worse. In fact, a comparative analysis of grocery prices suggests inflation may be as high as 25%. With the Central Bank's interest rates ballooning to 21%, the government's economic situation is pressing.