Britain asks the G7 to cut the price cap on Russian oil. The UK has urged its G7 allies to lower the price ceiling for Russian oil to further pressure Vladimir Putin to end the war in Ukraine. This issue was a priority for discussion at the G7 finance minis... #G7 #KajaKallas #OPEC #RussianEconomy #RussianOilPriceLimit #SanctionsAgainstRussia
Russian oil prices have fallen to a two-year low and are already 40% below the budget target. The Russian economy is showing a decline for the first time since 2022. The price of Russian oil in rubles has dropped below ₽4,000 per barrel for the first time in two years. This is approximately 40... #GDPrussia #Oilmining #OilPrices #OPEC #RussianEconomy #RussianOil
Experts doubt the effectiveness of EU sanctions: Imports of Russian metal products have increased significantly. Despite the ongoing Russian aggression against Ukraine and EU sanctions, Russian manufacturers continue to receive substantial income from exports of metal products and minerals to the EU, particularl... #EUmarket #MetallurgyRussia #Russiaexport #RussianEconomy #SanctionsAgainstRussia
Trump will leave Putin unable to fund his war. The decline in oil prices, triggered by US President Donald Trump’s trade war, has started to deplete the Russian military budget, despite the US president’s simultaneous efforts to improve relations ... #DonaldTrump #RussianCentralBank #RussianEconomy #RussianOil #RussiaProfits #SanctionsAgainstRussia
How much will Putin’s military machine gain from restarting Nord Stream 2? Industry experts report that there has been interest shown by both the US and Russia in resuming the Nord Stream 2 gas pipeline’s operations, which would provide Putin’s military machine w... #GasTransit #nordstream2 #RussianEconomy #RussianGas #RussiaProfits
Trump’s tariffs could severely impact Russia’s oil revenue. While Moscow has managed to evade US President Trump’s tariffs, the Russian budget will still endure consequences from Washington’s trade war. The Telegraph reports that a threat to Russia has emerged... #DutyTariff #GlobalEconomy #ImportDuties #RussianEconomy #RussianOil #TradeWar
Nearly 62% of Western companies left Russia after the war began, but energy giants are considering a return after sanctions are lifted. Over the three years of Russia’s full-scale war against Ukraine, 62% of companies from “unfriendly” countries have exited Russia, according to Kept, a consulting firm. This total inc... #ForeignCompanies #GunvorGroup #MercuriaEnergyGroup #RussianEconomy #RussianMarket #TrafiguraGroup
Russia is worried about a repeat of the USSR’s collapse due to declining oil prices. A few weeks before talks between US President Trump and Russian President Putin, the Russian Central Bank alerted the Kremlin to the possibility of a prolonged drop in oil prices, similar to the one t... #Iraq #Oilmining #OilPrices #OilProductionRussia #OPEC #RussianEconomy
Foreign businesses in Russia have lost over $170B during the war. According to KSE, since the beginning of the full-scale Russian invasion of Ukraine the total losses suffered by foreign business operating in Russia have exceeded $170B. The bulk of the losses are as... #BritishPetroleum #ForeignBusinessInRussia #ForeignCompanies #RussianEconomy #RussianMarket #Uniper
British intelligence predicts an increase in the Russian economy’s dependence on the war. British intelligence believes that Russia will likely spend more on defense in 2025 than anticipated in this year’s budget due to inflationary pressures. This is, in part, because inflation will... #DefenseIndustryRussia #InflationRussia #Putin #RussianCentralBank #RussianEconomy #WarinUkraine
Biden’s most recent sanctions will significantly impact Russian exports, and Trump has extended them for another year. According to the Central Bank, the US sanctions targeting the Russian oil and gas sector, along with the shadow fleet, introduced on January 10 are expected to cost Russia roughly 1% of its total expo... #DonaldTrump #Russiaexport #RussianCentralBank #RussianEconomy #SanctionsAgainstRussia #ShadowFleetRussia
Russia has sacrificed hundreds of thousands of people to seize 20% of Ukraine. Was it worth it? Foreign affairs analysts note that Russia currently controls approximately 20% of Ukrainian territory, a significant portion of which is in complete ruin. Too few people are left in the occupied terri... #OccupiedTerritories #Putin #RussianEconomy #WarinUkraine
Putin continues lying about the Russian economy’s health while the Central Bank worries. Vladimir Putin said that last year was successful for the Russian economy, and key macro indicators are positive. Russian budget revenues not related to the sale of hydrocarbons increased by 26% and e... #GDPrussia #InflationRussia #Putin #RussianCentralBank #RussianEconomy #RussianNationalWelfareFund
The EU and G7 countries are continuing to help Russia to finance its war against Ukraine. In parallel with the introduction of new sanctions packages aimed at “weakening Russia’s capabilities to wage an aggressive, aggressive war,” contradictory actions partially offset t... #DanyloHetmantsev #ForeignCompaniesInRussia #G7 #RussianEconomy #WarinUkraine
Trump may use sanctions to finish off Moscow, which is running out of money for the National Welfare Fund. German energy analyst Tom O’Donnell said that the latest US sanctions could significantly harm Moscow, and that generally, sanctions against Russian oil could become a key weapon for US Presiden... #DonaldTrump #RussianEconomy #RussianNationalWelfareFund #SanctionsAgainstRussia #TomO'Donnell
Moscow’s secret war-financing scheme is on the verge of collapse as planned spending doubles. According to former Morgan Stanley and Bank of America financier Craig Kennedy, the Kremlin is using an additional war-financing scheme in the shadows through the use of preferential lending to defens... #CraigKennedy #Kremlin #PeaceTalks #RussiaBudget #RussianEconomy #SanctionsAgainstRussia
The Russian economy has exhausted its accumulated resources and is falling downward. According to Bloomberg, the Russian economy is beginning to feel the serious consequences of high interest rates and persistent inflation. The Russian Central Bank predicts a decline in growth rates t... #InflationRussia #RubleFall #RussianCentralBank #RussianEconomy
The advantage is on Ukraine’s side: What is happening with the economies of the warring countries? The Economist notes that the Ukrainian economy looks “healthier” than the Russian economy did after the start of the full-scale war. Ukraine’s economy has been rebuilt to navigate th... #GDPinUkraine #InflationinUkraine #RussianEconomy #UkraineBudgetDeficit #UkraineEconomy #WarinUkraine
Ukraine might receive less aid from the US after Trump’s inauguration, but Russia is also running out of money. US President-Elect Donald Trump said that he will try to end Russia’s war against Ukraine. At the same time, Ukraine will probably receive less aid after he takes office. Meanwhile, Russia may l... #DefenseSpendingRussia #DonaldTrump #MilitaryAidforUkraine #RussianEconomy #RussianOil #RussiaProfits
The EU continues to fuel the Russian economy by increasing fuel purchases from Russian oil in India. According to a report by the Center for the Study of Democracy (CSD), from January to August 2024 the EU bought almost 20% more fuel from three major Indian refineries that use Russian oil than last y... #India #IndianFuel #RussianEconomy #RussianOil #SanctionsAgainstRussia
In November, Russia lost the most soldiers in a month since the beginning of the war; how is the aggressor’s economy reacting? During November, the Russian army suffered its largest military losses in Ukraine since the beginning of the full-scale war, with 45,720 soldiers. The Ukraine Defense Forces also destroyed 307 Russian... #MobilizationInRussia #RubleFall #RussianEconomy #WarinUkraine #WarLosses
The ruble has collapsed, and refineries are standing still: How is the Russian economy surviving as the third year of the war approaches? Almost all the available Russian economic resources have already been used, and the country finds itself in a unprecedented situation. The unemployment rate has fallen to a historic low of 2.4%, and t... #GDPrussia #OilRefineryRussia #Ruble #RussianCentralBank #RussianEconomy
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
