Limits of Russian economic ability in facing challenges

Recently, the Russian Central Bank once again presented to the public a picture of its vision for the future of the world and, of course, the Russian economy itself.



And as usual, Elvira Nabiullina does not give anything too optimistic: according to the head of the Central Bank, the world is on the verge of a large-scale crisis - unemployment is coming, a decline in production, and all this, of course, cannot but affect Russia and other economies. 


Therefore, according to the Central Bank of Russia, global growth rates will inevitably slow down, and it is expected that annual growth rates in advanced economies in late 2022 - mid-2023 will approach zero, then they will begin to slightly increase by 2025, and growth will also reach 3.4%. It should be noted that the last time GDP growth rates were observed at this rate was in 2017.


The central bank's baseline scenario does not imply a significant change in the current configuration of geopolitical conditions until the end of this projection horizon.




Comments

  1. Social Media SABNovember 22, 2022 at 8:59 AM

    Excellent information I am glad to be here thanks for sharing information

    ReplyDelete

Post a Comment

Popular posts from this blog

France submit a complaint to FIFA after Tunisia's loss news

Image
France submits an official objection due to the cancellation of Griezmann's goal in Tunisia Griezmann scored a goal in the 98th minute of France's match against Tunisia at the end of Group D matches before the goal was canceled after resorting to video technology. The French side objected to canceling the goal after New Zealander Matthew Conger blew the final whistle. And the French newspapers revealed an official statement from the Football Association objecting to the method of canceling the goal. "A formal complaint is being drafted before FIFA and will be submitted within 24 hours due to the cancellation of Griezmann's goal against Tunisia," the statement said. The French side considers the return of the match referee to video technology after the final whistle as a mistake. And Griezmann had responded to the cancellation of his goal in post-match statements, saying: “When I played the cross ball, I was already in a state of offside, but I did not touch the ba...
Read more

Qatar The FiFa WorldCup 2022

Image
Twelve years ago today, Qatar was nominated to host the FIFA World Cup in 2010 . In these twelve years, Qatar has spent about three hundred billion dollars in the construction and preparation of new stadiums, hotels, shopping malls, fan zones and residences with modern amenities. It is said to be the most expensive World Cup in the history of the world and its cost is more than the total cost of all previous World Cups combined. In these days, Doha airport will be the busiest airport in the world, where more than 900 passenger planes will land every day and according to a data, nearly 12 million people will visit Qatar. Qatar is using all possible innovations to provide visitors with art galleries, museums, art zones, national and international food stalls, music, children and family programs according to local culture and tradition. It has been arranged. Despite such an expensive and lavish preparation, Qatar's hosting is being criticized on the global and social media simply be...
Read more

FIFA World Cup 2022, Portugal vs Ghana highlights

Image
 FIFA World Cup 2022, Portugal vs Ghana highlights Cristiano Ronaldo missed a couple of big chances in the early stages of the first half but finally put his team in front with a goal from the penalty spot just after the hour-mark. That seemed to open up a flurry of goals as Ghana equalized shortly after that before Portugal scored twice to take a 3-1 lead. Ghana then scored another but that is where the scoring ended as Portugal took the three points. Cristiano Ronaldo put an end to the turbulence of his preparation for the FIFA World Cup in Qatar, writing his name in the record books to become the first player to score in five World Cup finals after leading Portugal to victory over Ghana. Portuguese star Ronaldo became the first player to score in five World Cup finals after helping Portugal defeat Ghana.
Read more