"Russian economic statistics are a collection of lies and distortions," Bayer said."They are meant to convince people at home that their economy is chugging along despite the war, and people abroad that Western economic sanctions don't work and therefore should be rescinded."Russia – the world's second-larges oil and gas producer —in oil and gas revenue during the first quarter of 2023, thanks to the price cap aimed at crippling Moscow's energy exports.
Russian President Vladimir Putin said he's optimistic that the situation will improve in the next few months given rising oil prices. Still, the country has lost its largest export markets, and these shrinking markets for Russia's resources will eventually push the Kremlin to cut spending on infrastructure and social programs. against the dollar since last year, cratering more than 5%. The falling currency comes as the country's energy export revenue dipped, and evidence mounts that Russia's recession in 2022 was way worse than initially thought. currency in March, more than tripling the 11.
Ukraine getting their kicked and we the US POUR BILLIONS into their CORRUPT pockets.
This is 100% Biden admin propaganda with no basis in truth
Well over a year into the invasion and these EU sanctions are 'coming'? What a joke organisation. So many deep pockets being filled by the Kremlin even now.