Foreign Affairs

TexasTowelie

(116,773 posts) Mon Apr 8, 2024, 11:44 AM Apr 2024

Russian Oil & Gas Collapses. Sanctions Continue to Reduce Russian Revenue as War Expenditure Soars - Joe Blogs

Russia's OIL & GAS Revenue Fell over 41% in the first two months of 2024 compared with the revenue Russia was earning prior to the invasion of Ukraine. In addition to this huge reduction in income Expenditure is continuing to increase due to the investment in the War, which means that the Russian Economy is now incurring massive LOSSES. In this video I provide more details of the figures and discuss the problems that Russia is now facing.

Chapters:
0:00 Intro
3:13 OIL & GAS REVENUE
5:59 NON OIL & GAS INCOME
8:27 TOTAL REVENUE
11:09 EXPENDITURE
12:19 NET PROFIT OR LOSS
14:14 SUMMARY & CONCLUSION

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Russian Oil & Gas Collapses. Sanctions Continue to Reduce Russian Revenue as War Expenditure Soars - Joe Blogs (Original Post) TexasTowelie Apr 2024 OP

Russia's economic situation is not good. Irish_Dem Apr 2024 #1

Irish_Dem

(57,468 posts)

1. Russia's economic situation is not good.

Reply to TexasTowelie (Original post)

Mon Apr 8, 2024, 07:02 PM

Apr 2024

Oil revenues are way down due to sanctions and drones warfare.

And Russia is pumping huge amounts of state money into the war effort.
Russian companies have stopped making their usual products and now
are making military products for the war. Once the war is over, the businesses
may go bust.

This can not go on indefinitely, something will have to give.

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