Video Summary The Russian economy has experienced significant challenges under President Putin’s leadership. Since 2012, the country has seen a decline in GDP growth, with a contraction in 2022 due to the invasion of Ukraine and subsequent sanctions. While the economy did bounce back in 2023 with 3.59% growth, it still lags behind the global […]
Video Summary The Russian economy is not as strong as people believe. In fact, Russia is experiencing severe economic problems. One of the key metrics to examine is inflation, which has risen to 9.1%, the third-highest in the G20, with only Argentina and Turkey having higher rates. This is a significant problem, as it indicates […]
Video Summary Manchester City has taken the unprecedented step of launching legal action against the Premier League, claiming that its rules restricting the way clubs can handle financial transactions are anti-competitive and discriminatory. The team argues that the rules unfairly target clubs with Middle Eastern owners and are preventing them from forming lucrative partnerships with […]
Video Summary The article discusses the unexpected forecast by the International Monetary Fund (IMF) that Russia will be one of the strongest economies in 2024, with a growth rate of 3.2%. This is surprising, as many have previously claimed that Russia is struggling due to sanctions imposed on the country. The article explores the reasons […]
Video Summary Russia is increasing its oil production cuts by 471,000 barrels per day, which is an additional reduction of 17.72 million barrels per year. This decision was made in response to OPEC+’s agreement to cut 2.2 million barrels per day, with Russia being the biggest country involved in the cut, committing to reduce production […]