"Picture is cloudy": the economy of the Russian Federation continues to fall apart, and the influence of China is growing - WSJ

International sanctions, according to the material, cause strong losses on the revenues of the Russian Federation, and the plan of Vladimir Putin to keep European clients crowned with failure. The economy of the Russian Federation continues to fall off rapidly due to military aggression in Ukraine and international sanctions by the event have been imposed. This is stated in the material of the portal "The Wall Street Journal" on March 28.

It is noted that in the first months of the Russian Federation against Ukraine, oil and natural gas prices increased greatly, which caused considerable damage to the Kremlin, although these days have passed. In the second year of confrontation, sanctions become only stronger and, as experts point out, this trend will continue in the long run.

Moscow's largest export goods have always been gas and oil, but now they have lost their main clientele, and the ruble fell by more than 20% compared to November last year with respect to the dollar. "Despite Russia's stability in the short term, the long -term picture is gloomy: Moscow will be much internal and will depend on China," said Maria Shagina, a senior researcher of the Analytical Center for the International Institute for Strategic Studies in London.

In addition, most Russian gas flows to Europe stopped, which is the Russian President Vladimir Putin hoped to use an ultimatum. But at the same time, in the two months of this year, energy income has halved, at least. "In the first two months, the fiscal gap reached $ 34 billion, which is equivalent to 1. 5% of the total economic production of the country. This forces Moscow to dive deeper into its sovereign fund, one of the main anti -crisis buffers," the statement said.