“There is no turning back now,” – in Russia the ruble exchange rate has again fallen below 100 per euro

“There is no turning back now,” – in Russia the ruble exchange rate has again fallen below 100 per euro

The ruble exchange rate is again under pressure from the economy and has begun to fall against the euro and dollar. Today in Russia the euro exchange rate has again exceeded the 100-ruble mark, and the dollar is also growing. Russian economic analyst Anatoly Nesmiyan notes, that perhaps we are talking about technical factors, however, … Read more

Extreme Impoverishment of Russians: Rising Prices and Economic Crisis

Evidence of extreme impoverishment of Russians is emerging in Russian regions, the expert writes. In Russia, the impoverishment of the population is worsening due to the deteriorating economic situation. Russian blogger and economic analyst Anatoly Nesmiyan notes that a new sign of extreme impoverishment of people has been recorded on the territory of the Russian … Read more

The Impact of Western Sanctions on Russia’s Economy: Heavy Blow to Budget and Development

Western sanctions dealt a serious blow to Russia, despite attempts by a number of experts to argue otherwise. Despite the statements of a number of experts about Moscow’s ability to effectively circumvent sanctions in the oil and gas sector, the reality looks different. The West managed to deal a heavy blow to the Russian budget, … Read more

“Why Russia’s Strategy to Cut European Gas Failed: Prices Hit 2-Year Low”

Moscow hoped that Europe’s dependence on Russian gas would force it to stop supporting Ukraine, but things didn’t go according to Russia’s plan. The price of gas in Europe at the exchange trading fell below $350 per 1 thousand cubic meters m for the first time since June 2021 – the lowest point in 2 … Read more