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The “overstrengthened” russian Ruble Is Creating Problems for the Economies of russia and belarus

The current exchange rate of the russian ruble does not reflect the real state of the russian economy, which is already beginning to affect the state budget. The overly expensive ruble reduces oil export revenues, while the budget deficit in the rf at the end of the first half of the year significantly exceeded even the increased annual plans.

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The kremlin’s Arctic Trade Has Ended in a Fiasco

In 2018, in its federal address, the kremlin set a target of reaching 80 million tons of cargo transported via the Northern Sea Route by 2025. However, in 2023, 36.2 million tons passed through the Arctic, and in 2024 – 37.9 million tons. This year, 38 million tons are planned, but based on the results of the first half of the year, no more than 32 million tons of cargo per year are expected in the end.

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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

At the end of August, China’s purchases of goods from the rf decreased by 17.8 % year-on-year. Supplies of Chinese goods to the russian market declined by 16.4 % in annual terms, twice as much as in July, when the decline was 8.6 %. russian exports to China declined by 8.8 %, while Chinese exports to russia – by 8.2 %.

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More Detention Centers, Less Knowledge: Priorities of the rf’s Educational Policy

Education, which should be a social lift, has turned into a tool for isolation and ideological indoctrination. As a result, almost half of russians consider higher education unnecessary – 46.3 % are convinced that graduating from a technical college or vocational school is sufficient for a comfortable life and a stable career.

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The russians Are Once Again Concentrating Strikes on Our Energy Facilities; Of Course, We Have Responses to This and Will Continue to Respond – Address by the President

There is a great deal of work ahead with our partners, and in this work we must all be equally effective – every state institution, everyone in contact with our friends around the world, everyone working for defense. The Ukrainian army must be – and will be – consistently strong.

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russia’s Shipbuilding Is Sinking into Stagnation

The main reason for the decline of russian shipbuilding is high production costs. Shipbuilding in russia is several times more expensive than in China. For example, the three largest grain exporters from russia plan to order more than 60 bulk carriers from Chinese shipyards, where the cost of one ship is about 3.5 billion rubles, compared to 12.5 billion in russia.

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The rf Wants to Build a Port and Railway in Annexed Crimea with the Help of China

Head of the occupying administration of Crimea Sergey Aksyonov has decided to involve Chinese business in the construction of transport infrastructure in annexed Crimea.

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Every Tenth Corporate Loan in the rf Is Problematic

The most significant deterioration was recorded in real estate, metallurgy, and coal mining, where high interest rates are putting pressure on businesses with falling revenues. Banks are increasingly resorting to “risky restructuring” to defer recognition of losses.

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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

“Last night, he (putin) launched more than 800 drones and missiles, killing a mother and her two-month-old baby. A coward who attacks women and children. Talking about ending aid to Ukraine today means siding with the aggressor,” Minister of Foreign Affairs of the Czech Republic Jan Lipavský commented on the massive shelling of Ukraine on the night of September 7.