Why Russia is Running out of Cash

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After three years of solid growth, the Russian economy is finally losing steam with weak growth, declining oil revenues and persistent inflation. In this video, we’re taking a look at the Russian economy and how bad things could get.

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Russia’s fossil fuel revenues 2022
https://energyandcleanair.org/wp/wp-content/uploads/2022/06/Financing-Putins-war-100-days_20220613.pdf

GDP growth stalling
https://monitoring.bbc.co.uk/product/b0004kh8

Fall in oil and gas revenues (November 2025)
https://www.intellinews.com/russia-s-oil-and-gas-revenues-fall-35-in-november-already-hurting-the-budget-413305/?source=russia

China and India moving away from Russian oil
https://www.bloomberg.com/news/articles/2025-11-02/russian-oil-finds-fewer-takers-in-china-after-hit-from-sanctions?srnd=homepage-europe
https://www.reuters.com/business/energy/indias-russian-oil-binge-end-december-sanctions-bite-sources-say-2025-11-25/

Budget deficit and new taxes
https://www.themoscowtimes.com/2025/11/28/putin-signs-law-raising-russias-value-added-tax-to-22-a91275
https://www.intellinews.com/russia-draft-2026-budget-cuts-military-spending-for-the-first-time-introduces-new-taxes-403128/

Depleting wealth fund https://www.bloomberg.com/news/articles/2025-06-04/russia-s-rainy-day-fund-lost-around-6-billion-in-may?embedded-checkout=true
https://tradingeconomics.com/russia/national-wealth-fund-liquid-assets

00:00 – Introduction
01:08 – Context
02:57 – Oil Revenues Decline
07:45 – Sponsored Content

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