Video Summary The value of the Russian Ruble has fallen significantly over the past 2.5 years, with the exchange rate dropping from around 9 to 1 against the Chinese Yuan to over 120 to 1. This has resulted in a major problem for Russia, as foreign countries are increasingly unwilling to deal with the Ruble, […]
Video Summary Bangladesh is facing a severe economic crisis, with high levels of youth unemployment, despite a $4.7 billion bailout from the International Monetary Fund (IMF). The country’s economy has remained grim, with a severe shortage of jobs, and the government’s decision to reintroduce quotas for government jobs has sparked widespread protests. The reintroduction of […]
Video Summary The International Monetary Fund (IMF) has published its latest forecasts for 2024 and 2025, showing that the global economy is expected to grow by 3.2%. Russia is also expected to grow by 3.2%, which is higher than the USA’s 2.7% growth rate. This may lead one to think that Russia’s economy is doing […]
Video Summary Russia has announced a six-month ban on the export of all gasoline products from March 1st to compensate for rising demand from consumers and farmers, and to allow for planned maintenance of refineries. This ban follows a previous ban on fuel exports from September 2023, which was lifted at the end of 2023. […]