Tag: russia economy
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EU Officials Deliberate on Russia’s Global Standing at World Economic Forum 2024
At the World Economic Forum 2024, EU officials convened to discuss the ongoing situation with Russia and its future relations. The meeting covered a range of topics including economic sanctions, diplomatic channels, and the broader geopolitical implications of Russia’s recent actions. DW News is a global news TV program broadcast by German public state-owned international…
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China and India Boost Russia’s Economy by Increasing Oil Purchases Amid Western Sanctions
Recent shifts in global oil trade dynamics have seen China and India significantly increase their purchases of Russian oil, following Western sanctions imposed on Russia due to its invasion of Ukraine. These developments have altered traditional trade routes and pricing structures, with Russian oil now being sold at a discount. Despite the sanctions, Russia’s oil…