RUSSIAN Payments Collapse #shorts #russianeconomy #russiaukrainewar #russia #russiaukraineconflict
Video Summary
The Russian economy is currently facing significant challenges due to the increase in financial sanctions, which are preventing payments from being made and received. This has resulted in a cash crunch for Russian businesses that export goods, such as oil and gas, directly to China. The settlements are being held up in China, and numerous checks are being conducted, causing delays. Additionally, Russian businesses that import goods from China are unable to make their payments, and as a result, are not receiving the goods. Furthermore, China is only willing to accept payment in Chinese Yuan, rather than Rubles, which is exacerbating the problem. This is putting pressure on the Russian economy and increasing costs for businesses. As a result, the Russian economy is struggling to cope with these difficulties, making it a challenging time for the country.
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