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 The war in Ukraine has been ongoing for over two years, with no end in sight. Recently, President Putin has expressed interest in a ceasefire, but Ukraine is skeptical of the proposal. A previous ceasefire attempt in April 2022 failed, with Russia’s conditions including keeping the land it invaded, including Crimea. Ukraine wants […]
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 […]
Video Summary Russia’s economy has experienced a significant shift since 2021, with the country pivoting to a full-time war economy. This shift has led to a surge in investment, particularly in manufacturing and production, with a $16% increase in 2023, the highest growth rate since 2018. While this has led to short-term gains, experts warn […]
Video Summary The Russian economy is facing significant challenges due to the ongoing Ukraine war. Private military companies are becoming increasingly important, with Russia’s Parliament recently approving the establishment of a private army by the gas company Novatek. This is not the first time Russia has allowed private companies to set up their own armies, […]