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- https://www.businessinsider.com/putin-to-hike-russian-minimum-wage-pensions-inflation-ukraine-war-2022-5 https://www.businessinsider.com/putin-to-hike-russian
by cpursley 4y ago
- https://www.businessinsider.com/putin-to-hike-russian-minimum-wage-pensions-inflation-ukraine-war-2022-5 https://www.businessinsider.com/putin-to-hike-russian-minimu...
- https://fortune.com/2022/06/14/putin-russia-oil-gas-profit-revenue-europe-china-india/ https://fortune.com/2022/06/14/putin-russia-oil-gas-profit-r...
- https://www.bloomberg.com/news/articles/2022-06-10/russia-cuts-rates-to-pre-war-level-with-eye-on-ruble-and-economy https://www.bloomberg.com/news/articles/2022-06-10/russia-cu...
Keep mind that the Russian government budget operates on a $40 gallon barrel of oil budget.
- JumpCrisscross 4y agoNobody has argued Russia isn't making a killing off its energy portfolio. But a quarter of a billion dollars of revenue, not profit, in a booming global economy no less, doesn't make up for a similar quantity of frozen reserves. Russia is weaker and poorer than it was at the end of last year. The Russian state is doing far better than was expected, domestically. Credit due where owed. But it's a growing share of a shrinking pie situation.
- cpursley 4y agoEveryone is poorer than last year, unfortunately.