Video Summary Russia’s plan to establish the ruble as a premier global currency has been dealt a significant blow. Despite initial efforts to make it a widely accepted currency, particularly in the energy sector, Russia’s two largest trading partners, China and India, have rejected the proposal. They prefer to deal in their own currencies, rather […]
Video Summary A unless-can’t-been-expected experience has left one person feeling utterly disgruntled. Instead of a relaxing getaway, a “holiday” has turned into a building site, with a plethora of workmen gazing at them in their swimsuits. The problem is, the guest’s excitement for R&R is dwindling, replaced by frustration and annoyance. The setting, far from […]
Video Summary The Russian economy has been facing significant challenges in recent years, with the country’s reliance on oil and gas exports being heavily impacted by Western sanctions and declining global demand. In this video, we will explore the latest official figures from the Russian Ministry of Finance, which show a concerning trend of decreasing […]
Video Summary Over the past two years, Russia has been nationalizing various assets and businesses, including those previously owned by overseas companies. This move was prompted by President Putin’s decision to take back control of these assets, which were deemed to be in the best interests of the Russian state. As a result, hundreds of […]