RUSSIAN Ruble Replaced as Russian Payments, Bonds & Loans in
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25:22

RUSSIAN Ruble Replaced as Russian Payments, Bonds & Loans in Yuan Soar & More Countries Pay in Yuan

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 […]
RUSSIA Scrap Planes #shorts
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00:51

RUSSIA Scrap Planes #shorts

Video Summary Russia’s aviation industry is facing a significant challenge due to the invasion of Ukraine and the subsequent sanctions imposed by Boeing and Airbus. Prior to the invasion, 77% of Russia’s aircraft fleet was comprised of planes built by these two companies. The sanctions have cut off Russia’s access to crucial spares, equipment, software, […]
RUSSIAN Payment Collapse
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24:25

RUSSIAN Payment Collapse

Video Summary Russia’s economy is experiencing a severe payment crisis, forcing companies to resort to bartering and alternative forms of payment. The country has recently signed a deal with Pakistan to receive payment in potatoes, oranges, and rice, highlighting the struggles of Russian businesses. The Central Bank of Russia is facing cash flow issues, making […]
Argentina Hits Rock Bottom
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31:11

Argentina Hits Rock Bottom

Video Summary Argentina’s economy has been in a state of disarray for decades, with six recessions in the past 10 years and nine international debt defaults. The country’s latest president, Javier Mele, was elected on a promise to reform the economy, and he has made significant changes in the past eight months. Mele has reduced […]