Video Summary Russia and China have been deepening their strategic partnership, with a focus on defense and security cooperation. Their joint statement opposing US hegemony and commitment to defending their “legitimate rights and interests” is a clear response to the sanctions imposed on Russia after its invasion of Ukraine. The statement also criticized the US […]
Video Summary Russia’s economy is undergoing a significant shift, with the Chinese yuan becoming increasingly important in international trade. Amidst the economic sanctions imposed on Russia following its invasion of Ukraine, Moscow has had to pivot and adapt its trading partners, with China emerging as a major player. This shift has led to a significant […]
Video Summary Russia’s economy is struggling due to the war in Ukraine, with a significant decrease in oil and gas revenue, down 45% in the first quarter of 2024 compared to 2021. The war effort is being funded by the Kremlin, which has resulted in a huge increase in revenue from non-oil and gas industries, […]