Video Summary Ukraine’s economy has been in a state of crisis since the 2014 annexation of Crimea and the subsequent conflict with Russia. Despite the challenges, the country has made significant progress in recent years, including agreeing to a restructuring plan for its bond obligations and a new deal with the International Monetary Fund (IMF). […]
Video Summary Russia’s energy ministry has announced plans to extend its ban on gasoline exports for another two months, citing ongoing issues with its refineries. This move is significant, as the initial ban was intended to protect internal supplies for the agricultural harvest season. However, the extension suggests that Russia’s refineries are still struggling with […]
Video Summary Title: China’s Overcapacity Crisis: Can it Affect the Global Economy? China’s manufacturing sector has been growing rapidly, but it appears to have reached a critical point of overcapacity. With production far outpacing demand, prices are plummeting, and many companies are struggling to stay afloat. This crisis has significant implications for not only the […]
Video Summary The Russian economy is facing a significant threat from Ukraine’s use of drones to attack its oil refineries. Since the 21st of January, Ukraine has been targeting Russian oil refineries with success, with 15 attacks reported, resulting in 9 facilities being partially closed. This has reduced Russia’s oil production capacity by around 11%, […]