Video Summary Cuba has been facing a state of crisis for years, and it’s only getting worse. The country is struggling to generate its own income, and as a result, it’s unable to import necessary goods and services, including food and electricity. Cuba is an island nation that relies heavily on imports, but with limited […]
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% […]
Video Summary Russia’s overseas assets, estimated to be worth $612 billion, were frozen by countries after the invasion of Ukraine. The G7 nations are discussing how to handle these assets, with the US and UK pushing for complete seizure and transfer to Ukraine, while others are more cautious, considering international law and potential repatriation of […]
Video Summary Russia’s oil and gas facilities have been under attack by Ukrainian drones, causing significant damage and disruption to its energy production. The attacks, which began two days ago, have resulted in the shutdown of four facilities, including a major refinery in Russia, with a production capacity of over 340,000 barrels of oil per […]