{
  "id": 11627022,
  "title": "Russia plans record military spending",
  "url": "https://urgent.news/2026/10/03/russia-plans-record-military-spending",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T07:10:14.000Z",
  "source": {
    "name": "The Bell",
    "slug": "the-bell",
    "url": "https://en.thebell.io/russia-plans-record-military-spending/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Russia has announced plans for record military spending in its 2027 budget, projecting a 40% increase compared to the current year. This aggressive fiscal strategy comes as the country continues to fund its military intervention, with the government acknowledging its inability to control costs. However, the optimistic projections may prove unrealistic, potentially leading to additional tax hikes, business and public tariffs, and a further increase in the national debt, which has already surpassed the 20% threshold.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}