Showing posts with label Economic News Russia. Show all posts
Showing posts with label Economic News Russia. Show all posts

Inflation in Russia for 2022

 Russia's economy after military invasion of Ukraine faced heaviest sanctions of history.

Russia's money and banking paralyzed and inflation in Russia for 2022 hit 200% for a short term.

Capital flight happened and Russian Oligarch left Kremlin Alone. 

Social dissatisfaction started and Kremlin short term solution for controlling the condition was using internet censorship and ordered economy model to control inflation rate and the cap in the markets.

Russia's capital flight and exiting qualified brands and businesses made Moscow to replace the market with Chinese brands for short term, an economic ally with a shared currency to stand against US Dollar that have lots of challenge for the future of Russia's economy.

Economic News Russia for 2022

 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