Inside Russia’s Hidden Economic Crisis: Inflation, Oil Export Bans, and the Faltering Ruble
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Over the past few months, Russia has quietly had quietly battled another economic crisis at home. Inflation is on the rise, and the Kremlin had to institute an oil export ban to keep the things from spiraling too far out of control. Today, we look at the causes of the problem, what Russia has done to overcome the issues, and what it means for the broader war effort.
0:00 What’s Going on with Russia’s Economy?
1:58 Russia’s Oil Ban: The Basics
7:10 Weakness in the Ruble
14:39 Russia’s Inflation Problem
19:25 Are Russia’s Inflation Reports Accurate?
21:38 How Russia Is Trying to Halt Inflation
26:12 Why the Oil Ban Was Necessary
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