Sanctions have gravely damaged parts of Russia’s industrial base, such as the car sector, which relies on foreign parts. But other sectors have not done too badly
year has been bruising for Russia’s economy. Foreign investors fled en masse, many never to return. Official forecasts suggest that few countries will see theirshrink by more this year. Only a handful of countries, including war-torn Ukraine, will end up posting worse numbers.
to Vladivostok. After Western countries imposed an unprecedented number of sanctions, the stockmarket collapsed along with the rouble. At the time it seemed Vladimir Putin’s “Fortress Russia” was crumbling.growth in 2022 dropped from 2.5% to a contraction of 10%. Some economists were even gloomier: the White House looked for a year-on-year decline in RussianRussia faced a squeeze on both the supply and demand sides of the economy.
Two main reasons explain why Russia’s downturn has proved shallower than expected: policy and trade. In the early days of the invasion the quick actions of the central bank and regulators convinced ordinary Russians that they were serious about tackling surging inflation. Inflation expectations, having jumped, came back down again.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
How 2022 kept breaking new extreme weather records in 'more volatile and unstable world'After record upon record was broke in 2022, scientists warn that extreme weather is getting worse, but they don't know how each danger will exacerbate the other.
Consulte Mais informação »
How strongman world leaders dominated in 2022, bending events to their will✒️ In 2022, hardmen, despots and dictators of various degrees and guises have made the news and for the most part, writes michael2day, made the lives of all of us that much worse
Consulte Mais informação »
10 Ways the World Got Better In 20222022 was full of challenges, but it was also a year of milestones toward a better future.
Consulte Mais informação »
NHL's best performances of 2022: Connor McDavid, Tage Thompson, Avalanche fans and moreThe year began with Trevor Zegras scoring 'The Michigan' and ended with Alex Ovechkin hitting 800 goals, with a sprinkling of Blink-182 in between for the Avs and their Cup-winning fans. hayyyshayyy and domluszczyszyn have the best of 2022 in the NHL.
Consulte Mais informação »