Putin teme un altro colpo di stato mentre la Russia inizia finalmente a cedere – Panico al Cremlino mentre finisce le carte da giocare proprio mentre Trump gira le viti

Due to Reddit imposed article size limit – i had to split it over 3 posts – so read beyond the first part to get the second and third parts.

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> #Putin fears another coup as Russia finally begins to buckle
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> **Panic in the Kremlin as it runs out of cards to play just as Trump turns the screws**
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> *Melissa Lawford*
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> 26 October 2025 6:00am GMT
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> When Russia’s special forces hauled Mikhail Khodorkovsky at gunpoint off a private jet before dawn in Siberia in October 2003, it marked a pivotal moment in the early years of Vladimir Putin’s regime.
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> Khodorkovsky, who controlled the oil and gas company Yukos, was then the richest man in Russia and had been openly critical of the president. He became the first oligarch to be jailed as Putin cracked down on any sign of dissent.
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> The subsequent destruction of Yukos was the beginning of the end of any kind of market economy or transparency in Russia.
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> Almost exactly 22 years later, Russia is a totalitarian state. And Putin apparently again considers Khodorkovsky to be a threat.
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> This month, Russia’s Federal Security Service (FSB) accused Khodorkovsky, who now lives in exile in London, and 22 members of Russia’s Anti-War Committee of plotting a coup.
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> According to the FSB, the committee, which was created to oppose Russia’s war in Ukraine, is vying for “the violent seizure of power and overthrow of the constitutional order in the Russian Federation”.
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> Khodorkovsky says the allegations are lies. Kremlinologists say it is a clear sign of a new sense of vulnerability at the heart of the Russian state.
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> “It tells us that the Kremlin is being paranoid,” says John Herbst, the senior director of the Atlantic Council’s Eurasia Center and former US ambassador to Ukraine. “Putin is looking for enemies to try to bolster his regime.”
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> Suddenly, Putin has many reasons to be worried.
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> Russia’s economy is beginning to buckle. Businesses have been crippled by high interest rates, government borrowing costs have soared and economy minister Maxim Reshetnikov warned in June that the country was “on the brink of a recession”. Warnings are mounting over a potential avalanche of bad debt that could trigger a financial crisis.
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> Small pockets of protest are emerging. Earlier this month, hundreds of people gathered in St Petersburg Square to sing an outlawed song calling for Putin to be overthrown.
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> Meanwhile, Ukraine has been aggressively ramping up its drone attacks on Russian oil refineries, hammering the country’s petrol supplies.
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> Now Donald Trump is turning the screws. After frustration over a lack of progress to end the war in Ukraine, the US president announced new sanctions on two of Russia’s biggest oil companies on Wednesday.
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> India and China, the main buyers of Russian oil since the war began, responded by curbing purchases. It threatens to cut off crucial oil revenues to Putin’s war machine – and the Russian state.
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> “For the first time in three and a half years, Russia’s really getting hurt,” says Timothy Ash, an associate fellow at Chatham House’s Russia and Eurasia programme. “I think there’s some panic.”
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> #**Banking crisis looms**
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> Russia’s economy has so far been remarkably resilient during the war with Ukraine, defying predictions it would collapse after an initial wave of worldwide sanctions were levied.
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> One of the reasons why it has weathered the storm so far is because the Kremlin has pushed banks to lend to defence companies, rather than simply using state cash.
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> To do so, it gave them the green light to lend without the usual credit checks or reserves to cover potential defaults.
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> “They were funding the war with borrowed money all along, it just wasn’t showing on the state’s balance sheet,” says Craig Kennedy, of Harvard’s Davis Center for Russian and Eurasian studies.
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> Kennedy has first-hand experience of how the Russians operate. He is the former vice chairman at Bank of America Merrill Lynch and led the financing of Russia’s largest ever corporate transaction during his time in banking.
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> He warns: “This is just a dark pool of debt and nobody quite knows how much is going to default once it matures.”
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> The sums involved are huge. Around 23pc – no less than $190bn (£143bn) – of Russian banks’ outstanding corporate loans are now to arms companies, according to Kennedy’s analysis. This is equivalent to around 37pc of the annual state budget.
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> Not only was this money lent without proper credit checks, but it has gone to a sector that has a bad credit history. All sectors in Russia are also grappling with the pain of high interest rates. The central bank rate hit a two-decade high of 21pc last October and now sits at 16.5pc.
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> Sergey Chemezov, the chief executive of Rostec, Russia’s largest arms producer, warned last October that the high borrowing costs were unsustainable for the sector. “If we continue to operate like this, practically the majority of our companies will go bankrupt,” Chemezov said.
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> German Gref, the chief executive of Sberbank, Russia’s largest bank, warned in June: “We see now that a lot of enterprises are starting to have trouble servicing loans and the cost of risk and provisioning is also going up for banks.”
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> In July, Bloomberg reported that at least three of Russia’s largest banks were quietly preparing to request a central bank bailout as their bad loans piled up.
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> Senior managers have signalled privately that loan portfolios are in far worse condition than official statistics suggest.
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> Elvira Nabiullina, the central bank governor, has insisted that warnings of a systemic crisis are “absolutely unfounded” and Russia’s banking system is well-capitalised.
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> Yet it is not just defence. Vladimir Milov, an exiled opposition politician who was formerly a deputy energy minister under Putin, says: “What you see this year is skyrocketing numbers of credit restructuring for corporate borrowers. Restructuring means that actually borrowers cannot perform.
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> “If you recall the experience of the past crises in Russia, it all happens very suddenly with the banks. It all seems okay until they suddenly find there’s an avalanche of non-performing borrowers.”
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> In May, a report by the state-affiliated Center for Macroeconomic Analysis and Short-Term Forecasting warned of a rising risk of a systemic banking crisis.
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> “Could it spill into a systemic crisis? These are absolutely the right preconditions for that,” says Kennedy. “It won’t necessarily. But sooner or later, they’re going to have to deal with this big overhang of bad defence debt.”
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> Whatever happens, the money has now dried up. Last autumn, Nabiullina took steps to limit bank lending in an effort to rein in inflation, which peaked at 10.3pc in March.
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> “You had a huge credit surge through November of last year and then lending dropped off a cliff in December and it’s been low ever since,” says Kennedy.
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> Loans to arms manufacturers are now at 65pc of the levels seen last year, according to an upcoming report by Kennedy for his Substack, Navigating Russia.
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> “In terms of being able to buy victory on the battlefield, Moscow already understands it’s beyond their capability,” says Kennedy. “The longer they wait, the greater the risk of a crisis, because the debt situation isn’t going to fix itself.”
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If hundreds did not perish daily, I would seriously ask Ukraine to hold out for peace so the orange headed worthless piece of shit in American office would not gloat about having accomplished this.

I enjoy seeing coup and puti in the same sentence

Sensational wishfull thinking headline.

Just support Ukraine more.

I think that we have read articles announcing the imminent collapse of Russia since the start of the Ukraine war. As much as I’d like it to be true and for the war to end, this just feels like another article written for clicks.

What screws is Trump turning exactly. Ukraine is not getting Tomahawks or Ukraine should give up territory or Ukraine can never join NATO or is it Ukraine can’t be part of the EU.

I swear we’ve been getting articles like this since the beginning of the war, and yet nothing changes. Ukraine is still getting pounded, Putin is still in power, normal Russian’s aren’t protesting. I’d love to see Russia’s downfall but the signs just aren’t there.

It has been said and said again by the vast majority of analysts around the world that Putin simply CANNOT afford to stop and stop the war because it is clear how he underestimated his “special operation” and it is even clearer that stopping a hybrid war like this would mean appearing defeated and weak after all the civilian and military losses.
The war will slow down and stop only when the territories requested by Putin are granted and Zelensky is removed as president, so he will have the opportunity to tell the whole world that their objectives have been achieved by proudly declaring themselves winners.