Russians go to polls against backdrop of Ukraine war and Putin’s tightening grip

Russians are heading to the polls to elect a new State Duma in a tightly controlled vote. The election is expected to be a one-sided affair, with President Vladimir Putin's United Russia party likely to extend its 23-year grip on parliament. This outcome is not surprising, given that the liberal anti-war party has been barred from the ballot, leaving little meaningful opposition. The result will likely cement the Kremlin's control over parliament, with only a handful of nominal opposition parties expected to participate.

Why it matters

The Ukraine war and Putin's tightening grip are causing uncertainty. This could lead to a decline in investor sentiment and a decrease in foreign investment.

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