Sven Longshanks and Dr Matthew Raphael Johnson look at the reasons why Russia’s exports have surged by 20%.
Sanctions were supposed to bring Russia to her knees, but the opposite has happened.
Instead of sending gas and oil to Europe at a reduced price, the same is going to India and China at a higher price.
The de-dollarisation process has led to an increased Ruble-Yuan exchange resulting in closer ties between Russia and the eastern economies, particularly those of the Shanghai Co-operation Organisation, which includes half the world’s population and a third of the world’s GDP.
This means sanctions-free trading with the half the world and that is before we talk about Russia’s role within the BRICS markets.
Presented by Sven Longshanks and Dr Matthew Raphael Johnson
The Daily Nationalist: Russia’s Booming Economy – DN 050423
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