Krystyna Kazakova 00:45, 01.04.26 UNIAN
Russian billionaire Oleg Deripaska believes that Russians should switch to a new schedule as soon as possible – from 8:00 a.m. to 8:00 p.m., including Saturdays
Russians must accept the fact that they will have to work 12 hours a day, six days a week, as the country undergoes profound economic changes, Russian billionaire Oleg Deripaska said on Monday, March 30, Business Insider reports .
The publication notes that Deripaska characterized the country’s economic slowdown as a phenomenon that goes beyond the typical recession caused by interest rates or monetary policy.
“This crisis is deeper. It is caused by a difficult transition: from the global opportunities we once had to regional ones, with all sorts of restrictions,” the Russian billionaire wrote on Telegram.
Russia must harness what Deripaska called its only true resource – its “national peculiarity.”
“In difficult times, we know how to rally and work even harder,” added the founder of the large aluminum producer Rusal.
According to Deripaska, extending the working day could help the economy adapt more quickly to changing global conditions.
“The sooner we move to this new schedule – 8:00 a.m. to 8:00 p.m., including Saturdays – the sooner we can complete this transformation,” the billionaire wrote.
The publication notes that Deripaska’s comments came as the Russian economy struggles to navigate a changing situation shaped by geopolitical tensions and changes in trade flows.
The publication says that Russia, one of the largest energy exporters, is benefiting from the rapid rise in prices as oil markets are shaken by escalating tensions in the Middle East and disruptions to key supply routes.
Notably, earlier this month, Deripaska warned that the conflict in the Middle East could negatively impact global – and Russian – economic growth, despite rising oil prices.
Russian economy: latest news
UNIAN previously reported that Ukrainian drones have attacked oil facilities in Russia’s Baltic Sea four times in a row this week. Among them is Ust-Luga, one of Russia’s main oil export hubs.
Analysts say the attacks could pose a “serious threat” to the Kremlin’s ability to export oil, a vital component of the country’s economy. Energy analyst Boris Aronshtein told The Telegraph that this is the most serious threat to Russian oil and oil exports since the start of the war.
We also wrote that Dr. Robert Farley, who teaches security and diplomacy courses at the Patterson School, shared that the costs for Russia have significantly exceeded expectations.
In his opinion, a full-scale invasion of Ukraine did not make long-term sense for Russia, while sanctions have deformed the country’s economy. The expert suggests that the Russian leadership hoped that the return of President Donald Trump would lead to a quick end to support for Ukraine and, as a result, the war would quickly end on terms favorable to them.
Farley believes that for now, “Russia has no other answer than to continue to throw more and more soldiers to the front and hope that this year the Ukrainian government will break.”
Poopin wanted to return to the USSR so here’s the next step. The sheep will probably do it too.
They can’t afford to pay them for the extra time. They are already cutting staff and only working 4 day workweeks at some businesses.
Good point. They didn’t specify any differences but you can bet if you’re making bombs it will be 12 hour days just like the Soviet Union had.