Member of the State Duma Committee on Labor, Social Policy and Veterans' Affairs Svetlana Bessarab commented on the impossibility of revising the approach to the indexation of pensions in the current economic conditions. She noted that in a market economy the principle of “from each according to his ability, to each according to his needs” cannot be realized.

According to Bessarab, to ensure social protection of pensioners, it is necessary to rely on real contributions made by the able-bodied population. There are 75 million able-bodied citizens in Russia, who pay 22% of pension contributions, providing almost 43 million pensioners. This system allows to maintain the level of pensions at least at the level of inflation, thus providing real protection to pensioners.

Bessarab emphasized in a conversation with RT that every year the state seeks to increase the indexation of pensions so that the real income of pensioners corresponds to the inflation rate. That is, indexation of pensions according to needs will lead to the introduction of a planned economy, which, in her opinion, will cause deficits and other economic problems.

Earlier, social pensions in the Russian Federation from April 1 were indexed by 14.75%. Also earlier became known the grounds for the suspension of insurance pensions in Russia.

Author: Наталья Чудесатова

Donald Trump's economic strategy with the introduction of trade duties may lead to a global crisis, deeper and longer than the 2008 crisis. This was stated by Inna Litvinenko, economist and associate professor at the Kosygin Russian State University.

According to her, Trump has started imposing trade restrictions not only on countries with which the U.S. does not cooperate, but on everyone else. This is beneficial for the US, as it increases the efficiency of its economy. The duties are aimed at fighting inflation and reducing the national debt.

Litvinenko noted in a conversation with the online publication “Podmoskovye Segodnya” that countries continue to invest in the US economy through trejeris and the dollar, and Trump has decided to use this to restructure global trade. However, the new tariffs are damaging the world trade system and the economy as a whole. The imposition of duties reduces trade volumes, resulting in losses and slowing down the global economy.

The process of restructuring trade relations will take time and lead to economic losses. Litvinenko predicts the beginning of a new crisis in the summer of 2025, which will last up to 5 years, and estimates the probability of its occurrence at 75-80% because of Trump's policies.

According to her, Trump has started to impose trade restrictions not only on countries with which the US does not cooperate, but on all others. This is beneficial for the US as it improves the efficiency of its economy. The duties are aimed at fighting inflation and reducing the national debt.

Litvinenko noted in a conversation with the online publication Podmoskovye Segodnya that countries continue to invest in the U.S. economy through treasuries and the dollar, and Trump has decided to use this to restructure global trade. However, the new tariffs are damaging the world trade system and the economy as a whole. The imposition of duties reduces trade volumes, resulting in losses and slowing down the global economy.

The process of restructuring trade relations will take time and lead to economic losses. Litvinenko predicts the beginning of a new crisis in the summer of 2025, which will last up to 5 years, and estimates the probability of its occurrence at 75-80% due to Trump's policies.

Author: Наталья Чудесатова