Russia’s economy is back on its feet

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A recession looms, but perhaps not a big one

Save time by listening to our audio articles as you multitaskThe real economy is surprisingly resilient too. True, Russian consumer prices have risen by more than 10% since the beginning of the year, as the rouble’s initial depreciation made imports more expensive and many Western companiesBut “real-time” measures of Russian economic activity are largely holding up. Total electricity consumption has fallen only a smidge.

The Russian economy is undoubtedly shrinking , but some economists’ predictions of aEven before the invasion Russia was a, limiting sanctions’ bite. But the biggest reason for the economy’s resilience relates to fossil fuels. Since the invasion Russia has exported at least $65bn-worth of fossil fuels via shipments and pipelines, suggests the Centre for Research on Energy and Clean Air, a think-tank in Finland.

 

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Famosissimo il Muro di Mosca...ma se l'Europa da 1 miliardo€ al mese solo x gas..fai caffè Espresso che è meglio

Russian embargo+sanctions fail? Demolishes EU economies, Causes a lot of pain to the ordinary people and Russia economy survives First sign: recovery of its rouble against the dollar rebound as driven by stringent capital controls and foreign exchange curbs, not market forces.

Oh no...if only there was some way to get gas and oil from another country...but who...

Are you envious

Very correct

here are my naked photos

Sure, and 1 dollar cost 69 rubles. The only problem you couldn't buy it at this price.

Joe Biden’s America is doing worse than Russia…thanks libs

It's better to fail in originality than to succeed in imitation that was the word you have to me, and behold I'm doing great today and that's because I help to your advices Geoffrey100k it's been cool ever since I started investing with you

So Europe should definitely put itself in a recession because while the predictions that the Russian economy will collapse were wrong, we pinky promise that cutting ourselves from oil will bring it down. Cool

Thought for the day!📌

😆😆😆

...

What about the EU’s economy 🙄

As we expected. Way too big in resources and at the end of the day only US most closed countries as the UK have very strict sanctions. More than a Half of the world including India and China have zero sanctions. But you know, Wimbledon banned Russian tennis players 🙄

Wishful.

Who who've though 2 months ago Russia was going to find so much trouble carrying out their special operation, and that the West was going to have so much trouble damaging Russia's economy. So far a tie.

Inference: The people of Ukraine should understand that they are just pawns in the Chess game of the genocidal imperialist barbarians of the West. Negotiate with Russia and end this war. ElbinawiTweets

I wonder how many agree ? Russia with all its weakness is like China, an industrial economy. While the United States with all its might is a Financial economy. On the long term, who do you think will win ? Those who produce things or those who buy and speculate on things.

In other words, the only outcome of Biden's little 'sanctions' has been a huge INFLATION in the U.S. That does not look smart, does it?

Oh !

Bravo!

I dobrze fajfusy góra!

Not buying it.

I didnt particularly blame it on them but Russian aren't my well wisher

It’s gonna be humongous

A Recession is when the Economy contracts for 2 quarters in a row. Our economy is Not contracting. 🤔 So WTF are you talking about?

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