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 […]
Video Summary Argentina’s economy has been in a state of disarray for decades, with six recessions in the past 10 years and nine international debt defaults. The country’s latest president, Javier Mele, was elected on a promise to reform the economy, and he has made significant changes in the past eight months. Mele has reduced […]
Video Summary Egypt is a country struggling to manage its economy, with 60% of its population living below the poverty line. The country’s bread, a staple food item, is heavily subsidized to help feed its people. The government’s decision to quadruple the price of subsidized bread from 5 to 20 pastas (approximately 1 US cent) […]
Video Summary Here is a summary of the article in 200 words: The Russian economy is still struggling, despite the recent increase in oil prices. The country’s oil and gas revenues have fallen 41% compared to 2021, the last year unaffected by the war in Ukraine. However, the increased revenue from non-oil and gas sources […]