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There was also a growing gap between rich and poor in Russia. Between 2000 and 2007 the incomes of the rich grew from approximately 14 times to 17 times larger than the incomes of the poor. The income differentiation ratio shows that the 10% of Russia's rich live increasingly better than the 10% of the poor, amongst whom are mostly pensioners ...
The proceeds of corruption may be laundered in jurisdictions without strict anti-money laundering measures and in countries with strict banking secrecy. This is the reason why the "de-offshorization" policy endorsed by President Putin in 2012 and 2013 (after the Cyprus Affaire) is often considered to be a new anti-corruption measure.
The Bank of Russia dismantled the currency corridor two months earlier - on 10 November 2014, so as not to waste gold and foreign exchange reserves. [ 183 ] Ruble's Real Effective Exchange Rate remains in 2022–24 higher and stronger than in 1994 and 1998 [ 184 ] when the sharp devaluations happened relative to the foreign currency.
Russia's economy has defied doomsday predictions more than 32 months into its full-scale invasion of Ukraine. But Russia's red-hot wartime economy comes with a price: inflation, which hit 9.8% in ...
Assad has fled to Moscow, Iran has withdrawn from Syria and abandoned its mercenaries, and Russia’s remaining soldiers are isolated in the Assadist strongholds of Latakia and Tartus — where ...
In the 17th century, Russia experienced the famine of 1601–1603, as a proportion of the population, believed to be its worst as it may have killed 2 million people (1/3 of the population). Other major famines include the Great Famine of 1315–17, which affected much of Europe including part of Russia [2] [3] as well as the Baltic states. [4]
Russian vehicles break down due to dry-rotted tires and poor ... which might explain why the navy gets 26% of Russia’s military funding, with just 14% going to the ground forces that account for ...
Annual percentage GDP growth rate of Russia, 2008–2017 Yearly inflation in Russia since 2008 Capital outflow from Russia, billions of USD. The financial crisis in Russia in 2017 (from 2014) [1] [2] was the result of the sharp devaluation of the Russian rouble beginning in the second half of 2014.