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Foreign Affairs

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TexasTowelie

(118,602 posts)
Sun Sep 22, 2024, 04:01 AM Sep 2024

Sanctions Crush Russian Economy: Banks Refuse Payments, Prices Soar - UATV English [View all]



Russia’s economy is unraveling as banks in the UAE, China, and Turkey refuse payments from Moscow, and U.S. sanctions bite deeper. Arrests for smuggling military goods are on the rise, with Denis Postovoy being the latest detained. Despite Kremlin claims of secret reserves, experts warn inflation is soaring, food prices are skyrocketing, and Russia faces a looming economic crisis. Is Russia's war-driven economy on the brink of collapse?
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