A shock to the Russian economy. How Trump is unknowingly destroying Putin
news.online.ua
Sun, 20 Apr 2025 12:04:38 +0300
Russia could not avoid the consequences of Trumps trade warAnalysts point out that oil and gas account for about a third of the Russian state budget revenues.What is important to understand is that this is also the main engine of the Kremlins economy and its extremely vulnerable point.Elina Rybakova, a senior fellow at the Peterson Institute for International Economics in Washington, made a forecast on this matter.
If the price of oil continues to fall, they Russians ed.
will feel disadvantaged they are already starting to feel it if this continues, they will find themselves in a guns against oil situation, she emphasized.
According to JP Morgan analysts, the tsunami provoked by Donald Trump is unlikely to leave Russia unscathed.Foreign experts also add that oil prices must remain low for long enough to have a real impact on Putins military plans.
If the price of Urals oil averages 50 this year, GDP growth will be 0.1 this will be a shock to the Russian economy.
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