New Data reveals a Troubling Economic Trend for Russia, as Foreign Investments Collapse and Oil Prices Drop sharply. The recent Drop in Global Oil Prices has Hit Russia Hard, adding Pressure to an already Strained Economy. Earlier this week, Reports emerged that the Kremlin is considering Re-Allowing Western Investment, a move that raised Eyebrows.
New Figures may explain the Shift: Foreign Direct Investment (FDI) in Russia, has Dropped 57% since the Start of the Full-Scale Invasion of Ukraine. FDI has Fallen from $497.7 billion to just $216 billion, the Lowest level since 2009.
Russia Lost $138 billion in FDI in 2022, followed by another $80 billion in 2023, and $63 billion more in 2024, totaling a $281 billion Loss in just Three years. “This suggests the Russian economy is becoming increasingly isolated,” said Janis Kluge, a Researcher at the German Institute for International and Security Affairs.
Meanwhile, Fighting continues on the Front Lines. Ukraine’s Allies Reaffirmed their Support, during the Latest Defense Contact Group Meeting on April 11th.
German Defense Minister Boris Pistorius pledged New Assistance, including:
- 4 IRIS-T air Defense Systems
- 33 Missiles
- 120 Man-Portable Air Defense Systems
- 25 Marder IFVs
- 15 Leopard Tanks
- 14 Artillery Systems
- And other Military Equipment
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