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In late July 2022, the IMF upgraded Russia's GDP estimate by 2.5%, but some economists see a long-term problem for the Russian economy, and explain its resilience only by a short-term increase of energy prices. Russia was able to leverage its economic power by cutting gas supplies to Europe, and play up its agricultural might as the largest ...
Along with rising food prices, a weaker ruble following the latest round of American sanctions in November has fueled inflation and driven up the cost of imports into Russia. A huge increase in ...
The recent decline in Russian oil revenue was due to lower prices in late 2022, partly because of the price cap or discounts. According to previous reports, Russia has also resorted to deploying old and uninsured tankers from its western ports, where such discounted oil cargo was quickly snapped up by Asian traders.
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The draft 2025 budget envisages that about 26% of Ukraine's GDP, or 2.2 trillion hryvnias ($53.3 billion), would go on defence. Ukraine has already received more than $100 billion from its Western ...
This leads to the possibility of smelters taking coins and melting them down for the scrap value of the metal. Pre-1992 British pennies were made of 97% copper; but as of 2008, based on the price of copper, the value of a penny from this period is 1.5 new-pence. Modern British pennies are now made of copper-plated steel.
The governor of Russia's Lipetsk region identified the plant as one in the city of Lipetsk, some 400 km (250 miles) north of the Ukrainian border, that is responsible for about 18% of Russian ...
The AA-12 (Auto Assault - 12), originally designed and known as the Atchisson Assault Shotgun, is a fully automatic combat shotgun developed in 1972 by Maxwell Atchisson. . However, the original development by Atchisson seems to have produced only a few guns at prototype-level, with the development that ultimately led to the gun entering the market being done later by Military Police Systems ...