Earlier this week, Kazakhstan took control of the Baikonur Spaceport after the nation’s bailiff agency began attempting to recover a $13 million debt owed by Russia. When unsuccessful, they took over Russia’s Center for the Operation of Terrestrial Space Infrastructure.
Russia’s economy has been spiraling downward ever since their initial invasion of Ukraine. According to Newsweek, the Russia-Ukraine war has cost the Kremlin over $7 billion mostly due to sanctions imposed by the US and other NATO allies.
The country’s economy is expected to be set back 30 years with the Russian people’s standard of living to be lowered for the next 5 to 10 years minimum.