Posted on 08/12/2022 11:42:51 AM PDT by SpeedyInTexas
The Russian economy contracted steeply in the second quarter as the economic consequences of its war in Ukraine took hold.
The economy shrank 4 percent from April through June compared with a year ago, the Russian statistics agency said on Friday. It is the first quarterly gross domestic product report to fully capture the change in the economy since the invasion of Ukraine in February, when Western sanctions shut Russia off from much of the global financial system, and many countries severed trading relationships with Moscow. It was also a sharp reversal from the first quarter, when the economy rose 3.5 percent.
(Excerpt) Read more at nytimes.com ...
Archived version: https://archive.ph/SPMX0
Spin as long as China and India and Iran are basically buying anything that was sanctioned on the black market Russia won’t care
It's ALL GOOD.
Outright lie. The only countries being impacted by the boomerang sanctions and bans are NATO and EU countries that were stupid enough to sign onto them.
RuZZia is selling their crude at a discount of $25-$30 a barrel to India and China.
Meanwhile the US has zero inflation.
Sorry - don’t believe any of this yellow journalism anymore.
>> “Outright lie. “
“The economy shrank 4 percent from April through June compared with a year ago, the Russian statistics agency said on Friday.”
The GDP figures were released today from RuZZia’s statistics agency.
If you think they are lying, maybe give them a call from your RuZZian mobile phone.
“yellow journalism”
GDP figures were released from the RuZZian government.
Call the RuZZian stats agency from your RuZZian mobile phone. Ask them Whats Their Excuse?
Apply some math, economics and historical oil prices to your post, and we'll talk again. 
“math”
Brent at $98.
$30 discount.
RuZZia gets $68.
Did I pass the math test?
The NYT is still peddling “hopium” to the masses, thinking that the Russian Federation is very close to economic collapse. Do not assume such, so long as the CCP regime in China and the Islamic Republic of Iran are still their allies and highly active trading partners.
And the Russians still have a stranglehold on most of the EU. The Russians go down, everybody goes down.
$30 discount.
RuZZia gets $68.
Did I pass the math test?
Anything over 50 bucks a barrel is golden for RuZZia.
Oil is high because of domestic restrictions, NOT Russian sanctions, Russian troll
the sanctions will end when the last occupying Russian soldier leaves Ukraine ... so get used to them
Some economic statistics from Russia remain opaque, though, probably because detailing how the Russian economy is outperforming the still-dire forecasts would expose the futility of sanctions in preventing Russia from getting what it needs. In this regard, I would give a medal for journalistic valor to Wall Street Journal reporter Evan Gershkovich, who in a July 1st front page WSJ article wrote:
“Bars are filled to the brim in Russia’s biggest cities. Film and jazz festivals are sold out. And while the police patrolling Moscow’s streets are now armed with assault rifles, they are busier handing out fines for public drinking than putting down dissent.”
Since then, most indications including the recent interest rate cut point to Russia’s continued economic resilience.
Intel Slava Z
🇷🇺🇺🇦 A source told the official that the largest air military operation in the last thirty years is being prepared in the next few weeks. This is the reason for the sabotage in Novofedorovka, the failed attack on Zyabrovka and the aggressive attempts of the Ukrainians to arrange a man-made disaster at the Zaporozhye nuclear power plant.
The air operation will be carried out by massive aviation forces in close cooperation with formations and units of other branches of the Armed Forces of the Russian Federation.
Got monkey pox yet?
The Justine Trudeau troll weighs in...
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