Quote from: LTU_btc on Today at 07:30:25 PM

Quote from: be.open on July 02, 2024, 06:18:36 AM

Quote from: paxmao on July 01, 2024, 06:35:26 PM

I guess this is no longer news, but Ruzzia's energy and oil industries - anything you cannot really move past the Urals, is being hit hard. There is nothing safe up to 1500 km from Ukraine.

Meanwhile, the World Bank classified countries by income level for 2024-2025 and included Russia in the category of high-income countries.

Quote

Economic activity in Russia was influenced by a large increase in military related activity in 2023, while growth was also boosted by a rebound in trade (+6.8%), the financial sector (+8.7%), and construction (+6.6%). These factors led to increases in both real (3.6%) and nominal (10.9%) GDP, and Russia’s Atlas GNI per capita grew by 11.2%.

That's what viviparous sanctions do. Grin

ps Do not deceive yourself - Russia is making good money from this conflict, and twice: first from destruction, and then from restoring what was destroyed.

There are three kinds of lies: Lies, Damned Lies, and Statistics. Not saying that these stats shows not correct information or something. But it doesn't reflects real situation fully.
Same report also classified Ukraine to Upper middle income from being Lower middle income. Also, their GDP had increased. How such thing can in country which is at war for 2.5 years, their economics can't work even at half potential and when they lost few millions from their population?
Russia, your quote already says main reason why it happened - their military industry is working at almost full potential, not like during peacetime.

They are burning through the furniture. Yes, your gdp grows in nominal terms, but a bomb does not generate wealth.