The Intelligence from The Economist Nyet effects: Russia’s resilient economy
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Jun 13, 2022 Dive into the surprising resilience of Russia's economy amid harsh sanctions and rising oil profits. Explore Miami’s evolution as a commercial powerhouse for Latin America, driven by immigration and political upheaval. Discover the intriguing concept of eco-bridges in France that aid wildlife navigation, though not a panacea for biodiversity crises. Each topic unveils complexities regarding culture, economics, and environmental conservation, painting a vivid picture of global challenges and resilient communities.
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Russia's Economic Resilience
- Russia's economy has shown surprising resilience despite sanctions.
- Oil and gas revenues continue to support the economy and the war effort.
Who Buys Russian Energy?
- Identifying the exact buyers of Russian oil and gas is complex.
- China and India's imports have increased, and Europe still relies on Russian gas.
Consumer and Business Confidence in Russia
- While consumer confidence in Russia is low, it isn't as low as expected given the circumstances.
- Business confidence remains relatively high, particularly in manufacturing and mining.