Tag Archives: russian economy

Saudi Arabia is Now Importing and Re-Exporting Russian Oil to the EU

Ever since United States President Joe Biden took office in January 2021, he’s been trying to bring Saudi Arabia back to the political West’s flock. The attempts to do so have escalated significantly after Russia launched its counteroffensive against NATO’s  encroachment. Biden made numerous futile attempts to contact Saudi leadership, culminating with a failed visit on July 15.

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Putin Prepares for War, Medvedev Dedicates Himself to Science

To the deep consternation of the West, the Russian economy continues to grow amidst Western sanctions. Its scientific community and military sector continue to advance even after the massive plunders against the former Soviet Union.
Its agricultural sector, on the other hand, is poised to become the global superpower in terms of non-GMO food production.
Why?
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Russia Rebounds Despite Sanctions – Bloomberg

By Matthew A. Winkler for ==>>Bloomberg<<== (yes, Bloomberg not the Kremlin’s press office!)
Sanctions meant to punish Russia for snatching Crimea from Ukraine one year ago were supposed to hurt Russian business. And they did. Russian stocks, bonds and commodities had the worst performance in 2014 of those in any emerging market.
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