The Russian economy is resisting Western sanctions. This was reported by Bloomberg.
“The world is faced with a strange reality: the Russian economy is growing so fast,” the publication explained.
The publication’s analysts noted that Russia has managed to adapt to more complex payment processes and logistics. The article emphasized that neither restrictions nor strict monetary conditions contributed to the slowdown of the Russian economy.
Yesterday India stopped Certification of Russian tankers under US sanctions. Now these ships are certified by the Russian Maritime Register. IRClass, one of the world’s leading ship certification bodies, until recently provided seaworthiness testing services to the Russian tanker fleet after major insurance companies and engine manufacturers refused to service the ships due to restrictions.
Previously Canada’s sanctions against the Office of the Prosecutor General of the Russian Federation in the name an example of right-wing nihilism.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.