Saturday, August 9, 2025

Vladimir Putin Appoints Civilian Economist as Defense Minister in Surprise Move

Russian President Vladimir Putin on Sunday unexpectedly replaced his longtime ally and Defense Minister Sergei Shoigu with Andrei Belousov, a former deputy prime minister and economist with no military experience. 

This move, which still needs to be approved by Russia’s parliament, has surprised analysts and signaled that Putin has no intention of ending the war in Ukraine anytime soon.

According to Kremlin spokesperson Dmitry Peskov, the appointment of Belousov reflects the need for a defense minister who is open to innovation and can fit Russia’s growing defense budget into the country’s wider economy. 

“Today on the battlefield, the winner is the one who is more open to innovation,” Kremlin spokesperson Dmitry Peskov said according to TASS. “Therefore, it is natural that at the current stage, the president decided that the Russian Ministry of Defense should be headed by a civilian.”

Peskov also said that the personnel changes will not affect the military aspect of the war, which remains under the purview of General Valery Gerasimov, Russia’s top general and chief of general staff.

Analysts suggest that Putin’s decision to appoint a civilian economist as defense minister indicates that he expects the military-industrial complex to become a key pillar of Russia’s wartime economy amid the ongoing conflict in Ukraine. 

The Institute for the Study of War, a think tank, believes that Belousov’s appointment is a significant development in Putin’s efforts to set full economic conditions for a protracted war and may even suggest preparations for a potential confrontation with NATO in the future.

As defense minister, Belousov is expected to act primarily as a financial administrator, ensuring that the defense sector’s needs are met and subordinating much of the economy to support the war effort. 

Meanwhile, Shoigu, the former defense minister, has been appointed as the secretary of Russia’s Security Council, which some experts view as a “reservoir” for Putin’s former key figures who no longer have a place in his inner circle.


Information for this story was found via CNN, TASS, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold/Silver: People Can Still Lose Money In This Bull Market!? | Rick Rule

He Said $300 Silver!? | Peter Krauth

Dollar Will Collapse, Gold and Silver Are the Only Safe Havens | Jim Rogers

Recommended

Nova Scotia Bans Forest Access to Prevent Wildfires

Cardiol Therapeutics Releases Positive Topline Results From Phase II Clinical Trial

Related News

Is Russia’s Single Currency BRICS on the Brink of Failure?

The ambitious vision of a “single currency BRICS” championed by Moscow to challenge the dominance...

Tuesday, August 15, 2023, 06:17:00 AM

Biden Confirms That G-7 Nations Will Announce Ban On Russian Gold Imports

Leaders of the G-7 nations are set to announce a ban on Russian gold imports...

Monday, June 27, 2022, 10:23:00 AM

Germany Will Have No Choice But To Allow Russian Uranium Shipment

The German government’s hands are tied and it has no choice but to permit the...

Wednesday, September 14, 2022, 12:51:00 PM

IMF To Provide Emergency Funding To Help Mitigate Impact Of Russia’s War In Ukraine

The International Monetary Fund will reportedly launch a food aid program that will provide emergency...

Tuesday, September 13, 2022, 02:18:00 PM

Russia Bans Jim Carrey And 99 Other Canadians In Response To New Sanctions, Military Aid

Russia’s Foreign Ministry on Monday announced that 100 Canadians have been added to the list...

Tuesday, November 15, 2022, 04:32:00 PM