ISW: New signs of future problems in the Russian economy. According to the Institute for the Study of War, the Kremlin recently adopted several measures aimed at reducing public spending on treating wounded Russian servicemen, fighting inflation, and solving... #DefenseSpendingRussia #InflationRussia #Putin #RussianEconomy #WarinUkraine
After the inauguration, Trump may move to eliminate Russian oil and gas industry earnings. The Russian Federation still makes a great deal of profit from oil and gas supply to EU countries, but this may change after Donald Trump takes office as the US president. Trump is anticipated to prov... #DonaldTrump #GasProduction #LNG #Oilmining #RussianEconomy #RussianLNG #USeconomy
An oil mega-company: Putin seeks to preserve trade revenue to continue the war by strengthening control over global energy markets. The Kremlin is discussing the possibility of uniting Russia’s largest oil companies into one megastructure. This would entail Rosneft taking control of Lukoil and Gazpromneft. The deal would sig... #GazpromNeft #LukOil #Putin #Rosneft #RussianEconomy #RussianOil #RussiaProfits
Trade between the EU and Russia falls to a 25-year low, though Slovakia is buying more Russian goods. Russia continues to lose economic ties with its once-largest trading partner, the EU, and according to August’s results, deliveries of goods to Russia from European countries decreased by 18% compared... #EUmarket #Germany #RussianEconomy #RussianTrade #Slovakia
Russia’s upcoming financial crisis may provide a chance to end the war. The Foundation for Defense of Democracies notes that the Kremlin plans to spend $145B of its total $436B state budget on defense in 2025. This is more than 6.3% of Russia’s GDP, and the country’... #DefenseSpendingRussia #Kremlin #RussiaBudget #RussianEconomy #SanctionsAgainstRussia
The EU countries have helped Moscow to finance 1.5 years of war by buying Russian energy sources. Although the EU countries began to reduce their dependence on Russian energy products after the start of the full-scale invasion, they continued to import them. In total, the money Russia earned from ... #DefenseSpendingRussia #EnergySourcesRussia #RussianEconomy #RussiaProfits #WarinUkraine
The EU cannot eliminate its Russian dependence; purchases of metal products and LNG are increasing. The results of January-August 2024 show that the EU imported 3.9 million tons of metallurgical products of Russian origin. Analysts note that import costs reached €1.87B, and predict that by the end o... #MetallurgyRussia #Russiaexport #RussianEconomy #RussianLNG #RussiaProfits #SanctionsAgainstRussia
Who and how could destroy the economy of the Russian Federation? According to President Zelenskyy, the Russian Federation’s economy will not survive if influential countries stop supporting its energy sector, in particular, by ceasing to buy Russian energy re... #Putin #RussianEconomy #RussianEnergyExport #RussiaProfits #Zelenskyy
Will the FATF decision destroy the aggressor country’s economy? The Financial Action Task Force (FATF) will decide on October 22 whether to add Russia to its blacklist. Publicly, the FATF has stated that it considers Russia’s aggression unacceptable, but in ... #FATF #RussianEconomy #RussianTrade #SanctionsAgainstRussia
An ex-Russian government leader calls for increased support for Ukraine and suggests a way to leave Moscow without enough resources to continue the war. A drop in oil prices to $40 per barrel within a year would lead to Russia lacking funds to wage its war against Ukraine, said former Russian Prime Minister Mykhailo Kasyanov at the Warsaw Security For... #MykhailoKasyanov #RussianEconomy #RussianOil #RussiaProfits #SanctionsAgainstRussia #WarinUkraine #WarsawSecurityForum
Russia spends a record $317M per day on war in Ukraine. In the first half of 2024, the Russian Federation spent a record ₽5.3T on its military, according to the German Institute for International Security and Affairs. Compared to the same period last year,... #DefenseSpendingRussia #RussiaBudget #RussianEconomy #WarinUkraine
The Russian Central Bank is sounding the alarm over an economy inflated by military spending. On September 13, the Russian Central Bank raised the key policy rate to 19% per annum for the eighth time. This level has been achieved only once in the last 20 years – in the first weeks of the full-... #DefenseSpendingRussia #RussianCentralBank #RussianEconomy #WarinUkraine
The Russian economy is cratering: Imports are falling, coal companies are going bankrupt, oil prices are falling, and the ruble is weakening. Mass refusals by banks in Turkey, China, the Middle East, and the countries of the former USSR to make payments for Russian companies has impacted imported supplies to Russia. According to results fro... #Ruble #RussiaBudget #RussiaImport #RussianEconomy #RussiaProfits
The Russian economy will not withstand the cessation of the war and will sink into a crisis. As Welt writes, the Russian economy has proven that it can perform better than expected despite economic sanctions, but its current growth stems from the military industry. Economists predict Russia w... #DefenseIndustryRussia #GDPrussia #RussianEconomy #WarinUkraine
The prolonged invasion has started to significantly impact the Russian economy negatively. According to Bloomberg, Russia’s overheated economy may begin to cool, based on Russian government statistics. While Russia’s GDP jumped more than 4% year-on-year in the second quarter, gr... #DefenseIndustryRussia #EmployeeDeficit #GDPrussia #InflationRussia #RussianEconomy #SanctionsAgainstRussia
The Russian Academy of Sciences predicts the collapse of the aggressor state’s oil and gas economy. Russia will have to bid goodbye to its “energy superpower” status. Having lost access to Western technologies and key markets for the sale of raw materials, Russia will not be able to retu... #Gazprom #GDPrussia #HydroCarbonProduction #RussianEconomy #RussianGas #RussianOil
Russia has exhausted its stockpile of Soviet-era weapons, which will force the aggressor to go on the defensive. Despite the talk of Russia having put its economy on a war footing, it is no longer able to compensate for the large losses of tanks, armored infantry vehicles, and artillery it has incurred in the wa... #RussianEconomy #Russianweapons #SovietWeapons #WarinUkraine #WarLosses
One more Russian industry has problems with exports due to the strengthening of American sanctions and the mass blocking of bank payments. Thus, Russian metallurgists faced a sharp drop following coal companies, which lost 17% of exports in January-June. According to Russian Railways, the export of metals by rail decreased by 14% compare... #MetallurgyRussia #PaymentsBlocking #Russiaexport #RussianEconomy #SanctionsAgainstRussia
Ukraine must continue to target Russian oil refineries in order to weaken the aggressor’s economy. This year, Ukraine has struck at least 20 oil facilities in Russia with its drones. According to analysts, as of the end of March these strikes have reduced the production of light petroleum products ... #AttackOnRussia #OilRefineryRussia #RussianEconomy #RussiaOilRefineryDamages #SanctionsAgainstRussia
The war has helped Russia move up in the ranks of countries with a high-income level. For two years, the Russian economy ignored the sanctions levied against it and grew steadily, which has led the World Bank to raise the Russian Federation’s income level rating from an “ab... #GDPrussia #RussianEconomy #WarinUkraine #worldbank #WorldBankForecast
The Russian Federation’s economy is still far from a crisis, but if oil prices fall significantly, it will begin. This opinion was expressed by the Vice President of the Kyiv School of Economics, Elina Rybakova, who added that the Russian economy is overheated, but it is difficult to achieve a crisis if the West ... #OilEmbargo #RussianEconomy #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia #ShadowFleetRussia
How do Ukraine’s strikes on refineries affect the aggressor’s oil refining capacity and budget? In May, the Russian government’s subsidies to its gasoline producers increased to ₽202B ($2.5B), and the amount keeps growing. Russian authorities are forced to pay these costs to curb the rise ... #AttackOnRussia #OilRefineryRussia #RussianEconomy #RussianOil #RussiaOilRefineryDamages
The easing of EU sanctions on Russian metal will provide Putin with €1.5B for weapons. Despite numerous sanctions, the Russian economy is developing and growing (2.2% last year), and the country continues earning billions in the European market. Therefore, said Aaron Pluto, a strategic ... #AaronPluto #MetallurgyRussia #MetalProductsRussia #RussianEconomy #RussiaProfits #SanctionsAgainstRussia
During the years of the war against Ukraine, revenues from the Russian Federation’s gas exports have decreased fourfold. The failed attempt to freeze Europe, which deprived Russia of a key natural gas sales market, has collapsed gas revenues in the Russian budget, say analysts from the Russian Gaidar Institute. Accordin... #GasTransit #Naftogaz #RussiaBudget #RussianEconomy #RussianGas
How is Russia able to earn billions to fund its war through oil, gas, and metal? Russia’s revenues from the sale of oil and gas in April will almost double compared to the previous year and amount to $14B, thanks to rising prices. According to Reuters, revenues from the sale... #Rosneft #RussiaMilitaryExpenditures #RussianEconomy #RussiaProfits #SanctionsAgainstRussia #WarinUkraine
A year and a half separate the Russian economy from collapse. According to the Carnegie Foundation, the Russian economy is still strong despite rising military spending and sanctions. In fact, the IMF predicts that the Russian Federation’s economy will gro... #imf #RussiaBudget #RussianEconomy #RussiaProfits #SberbankRussia
The Russian Federation can support an offensive war in Ukraine for another two years. Russia is ramping up military production, stockpiling standard weapons and ammunition, and is likely to be able to sustain an offensive in Ukraine for the next two years. By transitioning its economy ... #DefenseIndustryRussia #MilitaryProduction #RussianEconomy #RussianOffensive #Russianweapons #WarinUkraine
Due to sanctions, Russia struggles to receive billions of dollars in export revenue. The strengthening of American sanctions and the refusal by foreign banks to pay Russian companies have deprived Moscow of billions of dollars in foreign exchange. In March, the Russian Federation earn... #RussianCentralBank #RussianEconomy #RussiaProfits #SanctionsAgainstRussia
Ukraine must destroy three to four oil refineries per month to provoke a fuel crisis in Russia, said the director of the energy programs at Razumkov Center, Volodymyr Omelchenko. According to him, over 30 large oil refineries in Russia have a total capacity of 330 million tons. So far, Ukraine h... #FuelCrisisRussia #OilRefineryRussia #PetroleumProducts #RussianEconomy #RussianOil #RussiaOilRefineryDamages #RussiaProfits
Although its economy is very vulnerable, Moscow has no financial incentive to stop the war. Russian President Vladimir Putin may reconsider his position on continuing the war against Ukraine if the West can squeeze Russian oil revenues, according to a Reuters study. Despite the sanctions and... #Putin #RussianAgression #RussianEconomy #RussiaProfits #WarinUkraine
The Russian Federation’s export revenue falls by 28%. The main reason for the change in trade balance is the effect of sanction restrictions. The most painful blows to exports are a reduction in the supply of raw energy supplies and a decrease in their p... #AgroRussia #Gazprom #Russiaexport #RussianEconomy #RussiaProfits #SanctionsAgainstRussia
Russia has not yet felt the full force of its sanctions, but in the coming years, a collapse is inevitable. Sanctions against Russia have damaged its economy and weapons production capabilities and created problems for years to come. But their impact has developed more slowly than expected. This is perhaps ... #RussianEconomy #RussianFossilFuels #RussianOil #RussiaProfits #SanctionsAgainstRussia
The Russian economy cannot win or lose the war. The dependence of the Russian economy on military spending has reached such a level that it cannot afford to win or lose a war, said Renaud Foucart, a professor of economics at Lancaster University. T... #RenaudFoucart #RussianEconomicLosses #RussianEconomy #RussianMilitary #WarinUkraine
Russian exports fell almost 30% in a year, and US sanctions have blocked their tanker fleet. According to Reuters, the total volume of Russian exports decreased by 28.3% to $425.1B. The most noticeable drop was in European supplies, which was by 68% to $84.9B. On the other hand, exports to As... #OilEmbargo #Russiaexport #RussianEconomy #RussianOil #SanctionsAgainstRussia
Russia threatens the West with $288B in losses for blocking its assets. Russian propaganda media have calculated that Western companies may lose $288B in response to the confiscation of Russian assets. The G7 leaders will agree to develop a stronger statement of intent to... #G7 #investments #RussianAssets #RussianAssetsArrested #RussianEconomy
Russia’s income from oil sales has increased to its highest point since October 2022. According to the International Energy Agency (IEA), in August 2023 Russia’s revenues from oil exports increased by $1.8B to $17.1B due to an increase in oil prices, which more than compensated f... #OilImport #OilPrices #RussianEconomy #RussianOil #RussianOilPriceLimit
Trade volumes in Russia have returned to the pre-war level. As the EP writes, Western sanctions have not caused significant damage to Russian trade. The indicators for exports and imports by the Russian Federation returned to the 2021 level. In 2022, prior to ... #Russiaexport #RussiaImport #RussianEconomy #RussianTrade #SanctionsAgainstRussia
Britain officials want an Economic Rammstein to hurt Putin’s war machine. Alicia Kearns, a member of the Parliament of Great Britain from the Conservative Party, points to data published by the chief economist of the Institute of International Finance, Robin Brooks, which i... #AliciaKearns #EconomicRammstein #RussianEconomy #SanctionsAgainstRussia
The US is preparing a blow to the Russian Federation’s economy. According to Bloomberg, Treasury and Justice Department officials will focus on efforts to legally liquidate the property of Russian oligarchs, expand financial sanctions for those who facilitate sanc... #KleptoCapture #RussianEconomy #SanctionsAgainstRussia
The war against Ukraine will destroy Russia’s economy, said IMF Managing Director Kristalina Georgieva. “If you take our forecasts for the medium term, they mean that the Russian economy will shrink by at least 7%”, she clarified. In addition, the Russian economy will eventually suffer in the long... #KristalinaGeorgieva #RussianEconomy #WarinUkraine
Ukraine is putting pressure on its partners to strengthen the sanctions on Russia. Ukraine is carefully developing sanctions against the Russian Federation to minimize the possibility of a legal challenge in court and is cooperating with its partners to further increase the sanctio... #anti_Russiansanctions #RussianEconomy #YuliyaSvyridenko
