Tom Jensen (@vikinglife)

Russia's latest financial results are in... and they're far worse than many expected. In this video, I analyse the latest Russian budget figures and explain why oil and gas revenues have fallen by almost 30% despite higher global oil prices. We look at what's happening to Russia's finances, why government spending continues to surge, how military expenditure is putting increasing pressure on the budget, and why Russia is now being forced to borrow tens of billions of dollars to keep funding the war in Ukraine. I also discuss the impact of sanctions, the renewed enforcement action against Russia's shadow fleet, the temporary US sanctions waiver that has now expired, and why the latest figures suggest the financial pressure on the Kremlin is continuing to build. Is Russia's economy still as resilient as many claim, or are the cracks becoming impossible to ignore? https://m.youtube.com/watch?v=LyBLgDYUUyg #Russia #Ukraine #JudeoSlavic #Slavs #Slavic #SlavicAffairs #ColoredPeople #EasternEurope #Economic #Economics