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Which party will gain most seats in Russian Parliamentary Election?

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Bulls Say, Bears Say

Bulls Say

United Russia has dominated every Duma election since 2003 with consistent majorities

State control over media and electoral processes gives the ruling party a structural advantage

Market at 65% reflects realistic uncertainty but strong institutional inertia favoring ER

Bears Say

Price slid 1% on the day and 0.5% on the week, a modest but sustained bearish signal

New People at 27.6% is a surprisingly strong challenger, potentially drawing Kremlin-approved protest votes

Russia's wartime economy and mobilization discontent could drive voters to officially tolerated alternatives