Russia got richer even as the war in Ukraine raged on last year, while the West shed trillions of dollars of wealth

South Africa News News

Russia got richer even as the war in Ukraine raged on last year, while the West shed trillions of dollars of wealth
South Africa Latest News,South Africa Headlines
  • 📰 mybroadband
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

https://www.businessinsider.com/war-in-ukraine-russia-richer-millionaires-billionaires-uhnw-wealth-ubs-2023-8

Russians are having lots of problems. For one there is a flood of Chinese products which have not only replaced Western ones but as the Russian industry geared for war, they are producing less domestic consumer goods and relying on Chinese ones. Chinese products will remain when the war ends and Russian manufacturers will not be able to compete.

Russian industrial figures are also inflated because of war production. But once the war ends this will be cut down. Finally Russian figures can't be trusted. They don't provide authentic figures.Not arguing that, but USA is not united int the view that Ukraine deserve unlimited life support. When it ends and it will end. Russia is never paying anything to Ukraine. And no one is going to force them.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mybroadband /  🏆 11. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US ambassador says South Africa gave weapons, ammunition to Russia for Ukraine warThe US has accused South Africa of providing ammunition to Russia through a Russian ship that docked at the Simon's Town naval base in Cape Town in December last year. US ambassador to South Africa Reuben Brigety said America was convinced that SA, despite the fact that it claims it takes a...
Read more »

NUPSAW to march to N West Premier's office, seeks permanent employment for EPWP workersNUPSAW to march to N West Premier's office, seeks permanent employment for EPWP workersThe National Union of Public Service and Allied workers (NUPSAW) says they will march to the North West premier's office on Wednesday to demand permanent employment of expanded public works programme (EPWP) workers.
Read more »

West Coast National Park gears up for stunning flower seasonWest Coast National Park gears up for stunning flower seasonThe West Coast National Park’s (WCNP) flower season promises to awe visitors this year after heavy winter rainfalls.Vibrant flowers, including daisies and bulbs, will begin blooming this week, and August and September will be peak viewing months. Visitors are encouraged to plan weekday trips to avoid congestion.
Read more »



Render Time: 2025-04-15 13:23:30