Amid Western Sanctions, How Russia’s Economic system Outperformed Rival Nations | Vantage with Palki Sharma
Russia’s financial system expanded by 3.6% in 2023 regardless of heavy sanctions from Western nations. In line with the Worldwide Financial Fund’s evaluation, Moscow’s GDP will additional rise by 2.6%. These estimates weren’t removed from what Russia’s President Vladimir Putin had predicted in December 2023. Russia has now surpassed G7 nations to prevail economically. How did Moscow maintain its financial development amid an onslaught of Western sanctions? Can it preserve this development momentum in the long term? Palki Sharma tells you.
—
Russia | Economic system | G7 Nations | Western Sanctions | Vladimir Putin | Development Momentum | IMF Report | Firstpost | World Information | Vantage | Palki Sharma
#russia #financial system #g7nations #westernsanctions #vladimirputin #growthmomentum #imfreport #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking information, opinions, and present affairs present from Firstpost. Catering to a world viewers, Vantage covers the most important information tales from a 360-degree perspective, giving viewers an opportunity to evaluate the affect of world occasions by way of a uniquely Indian lens.
The present is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage goals to problem standard knowledge and current another view on world affairs, defying the norm and opening the door to new views. The present goes past the headlines to uncover the hidden tales – making Vantage a vacation spot for thought-provoking concepts.
Vantage airs Monday to Friday at 9 PM IST on Firstpost throughout all main platforms.
Subscribe to Firstpost channel and press the bell icon to get notified once we go reside.
Observe Firstpost on Instagram:
Observe Firstpost on Fb:
Observe Firstpost on Twitter:
Observe Firstpost on WhatsApp:
wtf is this indian accent lol
Targeted elite remain comfortable while innocent Russians and residents suffer loss of their income.
British resident in Russia. British pension stopped since February 2023. Reason? Citibank (international pension offices account) refuses pension cash transaction to Russian accounts(even those not sanctioned). They continue to pay British pensioners throughout the world, but not to Russia. Pension department suggests get a bank account outside Russia, or get someone in UK to receive pension and transfer money to to my account (Unicredit bank). Does anybody have advice to resolve this problem?
Nato this is cow usa😂
Is this an RT report? Well, the evil west, (right Palki) is trying to isolate poor Ruzzia. Meanwhile Ruzzia is leveling an independent nation. Killing hundreds of thousands, hundreds of thousands! destroying an economy, overthrowing a fairly elected and popular government, colonizing territory that is not theirs (I thought you opposed colonialism?) destroying a country for the second time (the holodomor). So, your conscience is where? Nowhere.
Putin has been planning about this since 1999 ,,, that is why he will always succeeded in every step that he take
SURE
Actually when Russia was selling oil to Europe, it was kind of like a banana republic. The sanctions change that.
I’m pro Russian and anti Europe
The best indicator of growth in the future of the Russian economy is the value of land (land plots) for industry. The cost just soared. This means that the growth is not due to military spending. There was a liberation of market niches after the withdrawal of foreign producers from the markets. Let's add the flight of Russian capital after the imposition of sanctions on the personal capital of Russian citizens abroad. Where should they run if not to Russia? It's simple, it's not rocket science!
This is really showed that Russia is a world
Lies and more damn lies.
This news network gets it info straight from the Kremlin.
Russia is burning through its cash reserves propping up it's economy. Once its gone the Russian economy will collapse.
Mark my words at the end of this decade Russia will be the 3rd or the 4th largest economy in the world, they'll beat all Western sanctions.
Their Weapons exports will increase because of western interventionism across the world.
China will also become the world's largest economy by 2030-32.
Russia no usa team they mean
PROPAGANDA AS USUAL!
If Bob earns 20.000 USD in (2021), then earns only 10.000 in (2022),and then earn 15.000 in 2023… then Firstpost – Palki, would say…. Bob gained a 50% increase in incomes in 2023.
Bob then has far better economy than Joe
(Joe earned 40.000 in 2021, 50.000 in 2022, and 55.000 (in 2023) Joe ONLY grew his incomes by 10% in 2023 so he is FAR BEHIND BOB.
Typical PALKI – FIRSTPOST propaganda. 😂😂😂
Good for Russia and President Putin. 👏👏👏
A spike in the Russian economy was expected owing to wartime production. Nonetheless, Russia could find in a year or two its non military economy under threat, under the burden of sanctions and its reliance on crude oil exports. Disruptions to crude oil production and exports would severely hurt the Russian economy. Militarily a cut to crude oil exports to China for refining or distraction of the Kosmino Pacific port would hurt Russia big time. Also, Russia relies on Western technologies and expertise to run its refineries. Lastly, Russia is mad to deliberately rundown its supply of global reserve currencies, needed for trade, in its national wealth fund. The rouble isn’t an international currency. The G7 are adjusting to a return to normal interest rates from over a decade of historically low interest rates and major economies have acted as a shock absorber for the United States exporting inflation.
Right, the world is standing in line to buy Russian consumer goods. Like cars andvtv sets. Who writes this crap, a druggie?
Russia is driving the economy by using the reserves they have to bust the military production. Right now the money is finished and Russia is increasing the taxes to spend on the war. Your news are very receptive because what they produce will be destroyed, bombs, tanks, military equipment. That's is not the investment that is tje money wasted on the products that are produced because they pumped the money for military industry. When war stop the production will stop too. Very deceptive propaganda for brainless people.
It is like you will say: My family is very rich because my kids can use the credit card and buy what they like. Yes idiots they spent money they don't own.
FAKE …
Russia like China manipulates economic data to look good. How could Russia claims good economic data when their currency is depreciating; export of oil and gas severely restricted by western sanctions and stock market falling and interest rates on barrowing increasing.
Never sanction a commodity superpower
Russia is Europe 🇪🇺 economic power house 🏠 😳 without Russia 🇷🇺 no Europe
Why are people switching to Euros and USD then…..