The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

World

Russia is offering Moscow residents a record $22,000 to fight in Ukraine

by admin July 24, 2024
July 24, 2024
Russia is offering Moscow residents a record $22,000 to fight in Ukraine

Authorities in the city of Moscow are offering a record signing-on bonus for new recruits to fight in Ukraine, in the latest sign of a scramble to boost Russian troop numbers.

The financial sweetener comes as President Vladimir Putin struggles to recruit soldiers for his army as Russia’s full-scale invasion of Ukraine grinds on in its third year.

Moscow Mayor Sergey Sobyanin introduced the one-time signing bonus of 1.9 million rubles (about $22,000) for city residents who join the military, according to a statement on Tuesday.

Anyone taking up the offer would earn as much as 5.2 million rubles ($59,600) in their first year of service, the statement added.

Those willing to join the fight in Ukraine can also receive one-time cash payments of about $5,690-$11,390 for injuries, “depending on the severity,” and the family of a soldier killed in action could be paid $34,150.

While Russia’s casualty numbers remain shrouded in secrecy, estimates say the death toll among troops is high. More than 70,000 soldiers were likely killed or wounded in May and June alone, the UK defense ministry said in an update on July 12, as the Russian army faced high losses on a new front in the Kharkiv region.

Social media is filled with video footage taken by drones of Russian troops being killed or left with life-changing injuries in what soldiers grimly call “meat grinder” battles against Ukrainian defenders. Ukrainian soldiers have often spoken of how their outnumbered forced face so-called human wave assaults from an enemy whose commanders appear happy to tolerate brutal attrition rates.

As personnel deaths mount, the Kremlin is looking all over the place to find fighters to send to the front.

Putin has ordered the country’s military to increase troop numbers by 170,000, which would take the overall number of Russian military personnel to more than 2.2 million, including 1.32 million troops, according to a decree published by the Kremlin in December.

That equates to boosting the Russian army’s size by 15% and marks the second such expansion of the army since Putin launched its invasion.

Putin initially ordered an immediate “partial mobilization” of Russian citizens in September 2022 following a string of defeats that caused recriminations in Moscow. The mobilization meant citizens who were military reservists could be called up and that those with military experience were subject to conscription.

The conscription campaign led to fierce demonstrations – particularly in Russia’s ethnic minority regions where mobilization efforts were concentrated – and has sparked an exodus of military-age men fleeing the country to avoid joining the war.

Although the mobilization campaign was suspended in November 2022 after officials said the target of recruiting 300,000 personnel had been met, Russia has been recruiting fighters beyond its borders to fight in Ukraine.

This post appeared first on cnn.com

0
FacebookTwitterGoogle +Pinterest
previous post
Plane crashes during takeoff in Nepal, killing at least 18
next post
Israel is blocking physicians with Palestinian heritage from entering Gaza

Related Posts

Children pulled from mud as hundreds die in...

May 14, 2024

In India, AI-enabled cameras are sending out tiger...

December 15, 2023

Israel assessing Hamas claim youngest hostage and family...

November 30, 2023

Dozens arrested in global operation over AI-generated child...

March 1, 2025

Tensions rise in Venezuela as opposition leader González...

January 7, 2025

Britain wants to get close to Trump. Will...

January 5, 2025

Italian prime minister says she is being investigated...

January 29, 2025

Israel not invited to ceremony commemorating 1945 atomic bombing...

August 1, 2024

India and Pakistan agree to a ceasefire, but...

May 11, 2025

The moon has entered a new epoch, scientists...

January 15, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,363)
    • Investing (3,238)
    • Politics (4,381)
    • World (4,316)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved