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Yes, Russia is selling a little bit more to China and India. Not nearly enough to make up for the reduction in sales to EU countries. In addition, China and Ind
by phicoh 4y ago
Yes, Russia is selling a little bit more to China and India. Not nearly enough to make up for the reduction in sales to EU countries. In addition, China and India get nice discounts.
Yes, Russia makes a lot more money at the moment because the small amount of gas they still sell to EU countries is expensive enough that it nets more money.
Anybody who has been following the war a bit will notice that Russia is now seriously running out of modern weapons. By the time tanks from the early 60s show up at the front line, you can be sure something is wrong. At the moment, and due sanctions, Russia has a bit of a production problem.
Since the 2014 sanctions, Russia has a bit a problem with obtaining micro-electronics. The effects of that are also quite noticeable.
In any case. Over the summer, EU countries managed to fill their gas storage while producing enough electricity to keep most stuff running. So yes, the situation is bad for the economy and EU countries have to figure how to help people pay their energy bill, etc. But if the current situation is 'terrible' then I wonder what word has to be used for a real disaster.