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
