During 2 years of war, Russia burned 4.7 trillion rubles, more than 50% of its liquid assets of the National Welfare Fund. The liquid part of the so-called National Welfare Fund of Russia (NWF RF) has collapsed sharply. According to the Russian financial Telegram channel Proeconomicsthere are actually only 3 trillion rubles left in the … Read more
For Russia, which is totally dependent on China, this is negative news Economists continue to assess processes in China as deflationary, expressing concern about its economic condition. However, the difficulty lies in the opacity of Chinese statistics, and the analysis is carried out on the basis of indirect data, writes New York Times Disturbing Parallels … Read more
The egg crisis in Russia caused Lukashenko to ridicule the Russian authorities. Even its closest allies are starting to laugh at Russia due to the egg crisis that has hit the Russian Federation. Today, during a meeting of the Eurasian Economic Council in St. Petersburg, Russia, President of Belarus Lukashenko could not stand it and … Read more
The Russian ruble continues to fall and this morning fell against the dollar to its lowest level in a year and a half. In Russia, the ruble continues to fall against the dollar and euro. The European and American currencies are rising at the opening of the Moscow Exchange after the opening of trading on … Read more