RUSSIAN Payments Collapse
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21:35

RUSSIAN Payments Collapse

Video Summary Russia is facing significant problems in its trade with China due to Western sanctions. The US Treasury has threatened to impose secondary sanctions on Chinese banks and financial institutions that deal with Russia, which has led to Chinese banks tightening their compliance checks and restrictions on transactions with Russia. As a result, Russian […]
RUSSIAN Ruble Crashing
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16:53

RUSSIAN Ruble Crashing

Video Summary The Russian Ruble has been experiencing a significant decline in value, falling from 83.5 to the US dollar in June to over 97 today. This is a 16% decline, which is a complete collapse of the currency. The Russian Central Bank’s attempts to support the ruble are failing, and the value of the […]
RUSSIA Cancelled by China
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28:25

RUSSIA Cancelled by China

Video Summary The Russian economy has a unique relationship with China, with China being Russia’s largest trading partner. Currently, Russia exports around 50% of its oil to China at a discount, and more than one-third of its exports go to China. From China’s perspective, Russia is a small trading partner, accounting for less than 5% […]