Russia withstands Western sanctions as war economy proves profitable • FRANCE 24 English
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- Опубликовано: 17 мар 2024
- President Vladimir Putin has been re-elected to a fifth term in office after a vote in which he faced no real opposition. Since the full-scale invasion of Ukraine in February 2022, Russia has become the most sanctioned country in the world. But the Russian economy has proven surprisingly resilient, with defence spending priming industrial production and the country's oil and gas industry finding ways around Western sanctions and price caps. We take a closer look.
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Now let's ask Europe if it can survive and thrive on similar situations. Let's know if they can even survive without stealing. 😊
The answer is no!!
When dwarfs and resource-poor countries like Luxemburg, Belgium, Estonia, Lithuania, Kosovo etc impose sanctions on a resource-rich giant country, which country's economy do you expect to suffer?
😂 What did they expect by sanctioning a country with a landmass covering 11 time zones?
How does number of timezones covered by your country provide you with advanced stuff that country does not produce? 😅 (In neither of those time zones - not at all XD)
@@SuperAti15 well,
Russia is the most technologicaly advanced country . I am test oilot and i flew f series and su series, where tech advantage if sukhoi is generations ahead of f series.
@@SuperAti15Because Russia is the only country in the world which has all possible resources inside of its territory. Basically Russia has no need to trade.
@@SuperAti15 But Russia produces everything, even Uranium, something US has to import from Russia lol. It has vast resources and greater population than Ukraine and Germany combined.
@@SuperAti15 That means the border is very long, many neighboring countries, and it is easy to find a way to import or export.
With Russia pivoting to Eastern markets, that means even after the war ends, the companies that left Russia won't be allowed back.
Why do they interview their own reporters?
Because it helps them to control the narrative, and they are narcissists.
This woman speaks with an accent. Lol 🤣
For fair reporting, Western media should interview neutral non-partisan persons
There were no interviews in this video, what do you mean?
@@lanabanana4577she's from the West, isn't she?
In movies we are always on the right side, but this time we are on the wrong side.
It is not only NATO against Russia, it is NATO against the rest of the world.
Our role in the world is over!!
Look at there faces they look disappointed 😅
😂😂
The West has underestimated China , India and global South specifically
You forgot to add oil rich Middle East like Saudi, Qatar, UAE etc whose trade with Russia is even bigger than India, though much less than China....not to mention Africa too has largely stayed neutral to fully supporting Putin..
What does India have to do with this
No they haven't China's economy has tanked thanks to the downturn in demand from the West, and India relies on the West for a significant amount of economic growth...
@@pazitor go look up how unsanitary Indian street food is then tell me how much better they’re doing than America 💀
No. They overestimate themselves
It seems EU sanctions herself 😅😅
Isn’t Russia the richest country in terms of natural resources in the entire Eurasia? And isn’t China economy, it’s trading partner, bigger than the EU combined economies? And isn’t Russia the strongest or next strongest military power on the planet? It’s stupid to think that a country like that can be impacted by sanctions.
I am struggling to think of ONE essential item Russian needs that cannot be domestically produced or imported from China.
Well duh 🙄 they have been preparing for something like this for decades 😂
prepared so well that they immediately lost 300 billion of their funds. True geniuses.
@cyberfunk3793 didn’t expect the west to steal things?
@@cyberfunk3793 Not “lost”, not yet at least. They have been frozen while the legality of whether they could be confiscated (lost) or not is decided.
If they are confiscated, the Russians have what they claim is roughly the same amount of western assets in Russian institutions they say they will confiscate in return.
Whatever you think of the Russians, I don’t believe them stupid enough not to have seen this coming.
@@cyberfunk3793stolen is different to lost
Unheard of..imagine there was no sanctions
Sanctioned RF is growing meanwhile the economy of the countries who imposed the sanctions are in disarray
Sanctions with exceptions? Who are the dummies who thought this up? Still LMAO 😂 over this.
Sanctions and cutting off gas exports, Blinken thought Russia will be finished in 3 weeks.
Ask the economy situation and prices in uk?
Do you have problems with cameras or something like that? The image from the studio is bright and clear. Some kind of blurry gray filter has been applied to Russian streets again. Find a more realistic video from the street and don't try to create a 90s effect.
All along Europe has been asleep
How are things in the state of Western Alaska.
As predicted De-coupling of staganated European economy is the best thing that happened to Russia. Now russian eccomy is coupling with Indian and Chinese eccomies which have very high growth potential. Thanks to West it will become the 4th largest economy soon even without war.
Talk about German economy 🤔😂😂.
Ouch ...
Increasing military spending means decreasing fundings to other sectors like health, education, pension, etc. Russia is also using foreign currency reserves to buy their Rubles to stabilize it but how long can they keep that up? Even India wouldn’t use Ruble to buy oil from Russia.
About things being expensive in Russia...its everywhere even in Europe and the state's prices are higher
Its not according to Putin but according to logic. If you have stop selling to Russia it means sales will move downwards to zero. The global economy as changed so any sanctions outside of natural will always have a short term effect and only last until either domestic production can be ramped up a another supplier can be secured. Russia being the richest natural resource country in the world will always come out on top in the long run.
Actual reasons why Western sanctions failed and the Russian economy is not just withstood the sanctions but really is thriving (from an American living in Russia).
1. Russia has been preparing for the coming confrontation with the West at least since 2014. They have banned the Western food imports (as the result the percentage of locally produced groceries in supermarkets increased from 30% to 70%), introduced their own banking system to replace Visa and Mastercard, pressured car manufacturers to manufacture vehicles in Russia instead of just importing them and so on.
2. The West overestimated its influence in today's world. The total share of G7 countries in the world economy now is about 30%. And the other 70% are doing business as usual with Russia.
3. Previously a large part of Russian state income was transferred into foreign, mostly American and European reserves. Since this is not an option for Russia anymore, they are simply pouring all that money as investments into their own economy. And this is not just military production but new factories to substitute foreign imports, roads, civilian infrastructure and so on.
4. The "exodus" of many (however far from all) Western companies from Russia lead to that some economists already call the "decolonization" of the Russian economy essentially ending the globalist model it was operating during the last 30 years. This opened a "window of opportunity" for the local business to develop and acquire the vacant space on the Russian market everywhere from fast food joints to software apps.
Wow
Don't confuse heavy investment using debt with sustainable growth. Wartime economies aren't normal.
This. No mention about the calculation of GDP. It's like I would stop getting income, taking even more money from savings and using it to pay my kids to produce fireworks that I use myself and saying that because I buy more stuff my economical situation has actually improved.
The sanctions might have not worked as hoped but this was kinda lazy report.
Your statement is half baked. Russia has enormous influence across all of Asia, proxies have kept her economy running, all sanctions have done is remove the middle man. Of course it has disadvantages too for example lack of insurance, but the advantages outweigh the disadvantages. More over their is no war economy, its pure copium, the factories have tripled their production, but its barely a fraction of what they can do.
Don't compare this with Nazis Germany war economy, the third reich had no resources, Russia is sitting on the single largest landmass filled with resources with unending market.
War economy is better than service economy. It requires innovation and expanded manufacturing capacity, not to mention weapons development and subsequent export opportunities.
what’s your comment on their income from sold commodities Like oil, gas, nuclear energy etc
What debt?
"withstands".. Your pathetic sanctions were blown away. Russia economy is seeing unprecedented growth forecast.
The US economy is also benefiting from military expenditures. War is a racket.
The Russian economy is still very small, compared to the US and the EU. Add the GDP of the Netherlands to the GDP of Poland, and you will already there have a larger GDP than the Russian GDP.
Depends who you measure it
Does it feck prove profitable…..not for the ordinary people …only for the people in charge at the Top
The same Europe is importing Russian LNG and oil.
Poutine = 1 , West = 0
The West should close the supermarkets in Russia to force more Russians to work in agriculture and to increase inflation in Russia.
What a surprise ahh
When u produce stuff only to destroy it immediately afterwards by sending it to Ukraine, your economy as a whole has gained the same as digging a hole and filling it up again. In both cases GDP rises 😂
Your produce stuff to get world's best agricultural land.
Interview your own reporter, i love this joke.
Russian economy is booming in a phenomenon not seen the US in WW2...shall i be bold and say "Keynesian military economics"..i can only wonder if Russia will have the same problems as the US ! That is how do you stop fighting wars when you find them so profitable ?
Why has Russia unlimited wealth?
Ukraine was asked to give Europe/world a couple of years before colliding explosives into russian oil infrastructure.
This year will be really interesting.
It’s just the west, not the world
@@BC-mj7gj oil prices are global, mate.
:)) for mother Russia
Americas been doing it since 1941, Russia just joined the party late.
Epic. Putin vs the West
Europe is no long any special.
This can’t be true lol 😂
RUSSIA ALSO PLANNING TO BUILD NUCLEAR REACTOR ON THE MOON.
The West wish and assume while Russia calculate
Six more years😁
Top EU officials do not understand that in order to be so popular among its citizens, it is necessary to protect the interests of its citizens, and not the interests of the United States.
It’s because Russia got China 🇨🇳 to help ease the pain
Chi di noi si trasferire be in russia? Nessuno😊
Ofc a war economy is profitable at a start but the thing with it is that in the long run the economy will brake. The whole point of a war economy is to be able to fund a war and keep the country going for a while But its not possible to run a war Economy in the long run as sooner rater then later it will collapse.
Lol, falling for Pootins lies 😂😂😂
Nonsense. They are heading for a cliff
For 3 years the German wartime economy under the nazis did well, until about end of 1942 / beginning of 1943, for exactly the same reasons. Most Germans lived well and did not feel anything about war.
Afterwards, the economy dropped in free-fall. One year later Germany did not have industrial capacities anymore, two years later food was scarce.
We are in 2024 dude...
Well they lost. Check what happened to American economy during WW2. It became much stronger 😂
A war economy is only profitable in the short term. In the long run it will be disastrous. Especially when Ukraine succeeds in hitting Russia's oil refineries.
How Russia is handling the most severe sanctions regime in history should be used in future as evidence of how difficult imposing such regimes can be. Indeed, from the opposite point of view, it could be viewed as a “case study” in how to combat sanctions.
It’s not going to succeed and in fact could easily backfire badly on the West.
🇪🇺👍
Want to punish Russia but just punished yourselves Europe.
Still costing them thousands of young lives a day… that’s priceless 🤯😵💫
Sacrifice for protecting the integrity and sanity of the Motherland😊
😂😂😂 they only have 2 genders and their women are still fertile
@@luciossithole5487 I doubt anyone’s going to see you sacrificing yourself at the frontline anytime soon 🤡
@@luciossithole5487 Not the motherland lol, their power greedy leaders 😂
Your wish
Wow amazing Putin and the resilient Russian people.
I love RUSSIA
Its proved that Westerners countries failed about Russia … there underestimated Russia is a biggest failure 😂😂😂😂
This evaluation is so wrong that should not be called evaluation. Russia is almost dead, may survive 18 months from now if nothing change, but after the last attacks in their oil factories it will remain 12 at most.
It’s funny that people like you and our western leader said the same thing about two years ago. Biden said we will destroy their economy. None of that has happened and you still sit here with your pride, claiming fake predictions when will you guys become humble.
2024(Gregorian) “Respect and dignity.” Furthermore:
Raising GDP by spending your pension funds on arms production which you then blow up in Ukraine is hardly a formula for a prosperous future, especially as over 1 million of your educated young people have fled the country and around another million have been killed and wounded in the war. So a simplistic GDP figure hardly reflects the long term damage from this war.
The amount of energy exported is dropping, the oilfield equipment and expertise is declining, the customers pay with Yuan or Rupees which is expensive to convert to dollars or euros. The future is bad for Russia. The talented people have left because they don't like living under a Stalin type dictatorship. All the Boeing and Airbus aircraft that has been stolen, no longer have factory support. Very dangerous to fly in Russia now.
More inflation and poverty on the way!
Lol, you sound brainwashed.
Russia doesn't bend the knee to European and US sanctions.
And you might think you are prepared but you will know the truth when you face it!!!!
People don’t care and absolutely I agree with them and it’s choice and they right to have their choice!!!
Gas cars in developed countries will be retired for new electric vehicles by 2030 as the price of electric per mile becomes lower than gas engines mpg. When that happens, what will become of our beloved gas station at the top of the world when there's no one left to buy their dirty planet killing oil & gas? After 2030 there will be no Russian pension checks after all the gas markets collapse to all time record lows as 1-by-1 they're replaced with cheaper, cleaner, planet friendly, electric cars, solar, wind, & nuclear energy.
Возникает 3 вопроса: 1. Откуда берутся ресурсы для производства батарей? 2. Какой срок службы этих батарей, и что с ними делать когда срок службы батарей закончится? 3. Каким образом страны ЕС выработают столько электроэнергии для зарядки автомобилей?
IF CHINA SUPPORTS YOU, ....
"The worse Russia's relations are with the West, the closer Russia will want to be to China.
If China supports you, no one can say you're isolated," said Vasily Kashin, a China expert at the Analysis of Strategies and Technologies (CAST) think thank. - Reuters
Sanctions give Russia a favor. Russia now producing and developing own goods production.
Russias economy hasn't changed much in the last 10 years, there was a 4 year high shortly before the coup in Ukraine, I guess thats why the coup happened in the first place. Everyone and their mother afraid of Russia. And then basically slow and steady rise since the sanctions are in place.
No no Russian economy was destroyed 😂😂😂 according to biden, Macron and some European technocrats.You are geriatric economies,the new economic horizons like china,India, middle east and Africa will dominate the economy for the future
The West wish and assume while Russia calculate