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Russia Posts Massive Financial Loss as Oil & Gas Collapses & Expenditure on War in Ukraine Soars - Joe Blogs
Last edited Fri May 31, 2024, 09:11 AM - Edit history (1)
Russia's OIL & GAS Revenue Fell over 45% in the first 4 months of 2024 compared with the revenue Russia was earning prior to the invasion of Ukraine. In addition to this huge reduction in income Expenditure is continuing to increase due to the investment in the War, which means that the Russian Economy is now incurring massive LOSSES. In this video I provide more details of the figures and discuss the problems that Russia is now facing.
Chapters:
0:00 Intro
3:46 OIL & GAS REVENUE
7:04 NON OIL & GAS INCOME
12:02 TOTAL REVENUE
14:33 EXPENDITURE
17:01 NET PROFIT OR LOSS
19:43 SUMMARY & CONCLUSION