Russia's economy based on the military invasion of Ukraine faced heaviest sanctions of history that paralyzed high tech industries and money and banking infrastructures.
Inflation rate hit 200%, and social dissatisfaction against war started. Capital flight happened and entrepreneurs and big brands exited from Russia.
High qualified brand and products exited from Russia's market and Russia's product exited from global market.
Russia's money and banking system banned from accessing SWIFT system.
Russia started ordered economy and used internet censorship and fake news to control to society in short term.
Russia, started an economic ally with China to introduce a new currency against US Dollar.
Chinese brands replaced in the Russia's market.
Russia started sharing money and banking system MIR with Iran and China.
Russia banned from accessing billions of Dollar in the international banks
No comments:
Post a Comment