Video Summary The Russian economy is currently experiencing rapid growth, with GDP increasing by 4.6% in the first half of 2024, outpacing the 3.2% growth forecast by the International Monetary Fund. However, experts argue that this growth is not as rosy as it seems. Russia’s high inflation, which has risen to over 9%, is causing […]
Video Summary Russia’s largest natural gas supplier, Gazprom, has suffered a significant loss of $7 billion in 2023, the first time in over 20 years. The company was once the largest gas company in the world, but Russia’s invasion of Ukraine has led to a significant decline in gas exports. Gazprom’s gas supplies account for […]
Video Summary The Russian economy is facing significant challenges due to the financial sanctions imposed after its invasion of Ukraine in 2022. The sanctions have made it difficult for Russia to receive cash payments from its customers, causing a decline in its cash flow. Prior to the sanctions, Russia was one of the top oil […]