"High oil prices barely kept it alive"... The uncomfortable truth of Russia's 'growth rebound' [Iran war saved Russia's economy ③]
Despite apparent growth, Russia's economy faces severe challenges: ultra-high interest rates (around 15%) stifle corporate investment, skilled labor exodus deepens shortages, and private manufacturing competitiveness declines. The Russian central bank officially acknowledges an economic slowdown, despite high oil prices seemingly propping it up, partly due to geopolitical factors like the Iran war mentioned in the series title.
Catch the next bear flag
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