Search Results
ID: yvlJAS6L/pol/510002583#510008802
7/10/2025, 3:48:55 PM
>>510008661
>hope that Russia has no internet
According to Bloomberg, the Kremlin has confiscated property worth $49.5 billion to fill budget gaps caused by declining oil revenues.
The Kremlin is aggressively seizing assets from businesses to replenish the nearly empty state coffers. Since 2022, property worth $49.5 billion has been expropriated in Russia, with the number of such seizures tripling just in the past year. Most often, strategic enterprises are confiscated and then transferred to loyal new owners close to Putin.
Last year alone, these so-called “sales” generated 132 billion rubles for the budget—far exceeding the initially planned 1 billion. These funds are being used to cover a growing deficit caused by falling oil revenues. In June, oil and gas revenues fell by 33.7%, reaching their lowest point in 2.5 years.
Economists warn that the liquid portion of the National Wealth Fund will last only about 2.5 more years if oil prices drop to $50 per barrel. However, widespread business confiscations are making the economy increasingly dependent on the Kremlin and are undermining its overall efficiency.
https://x.com/visionergeo/status/1942972532753093079
>oops did you run out of new material?
>hope that Russia has no internet
According to Bloomberg, the Kremlin has confiscated property worth $49.5 billion to fill budget gaps caused by declining oil revenues.
The Kremlin is aggressively seizing assets from businesses to replenish the nearly empty state coffers. Since 2022, property worth $49.5 billion has been expropriated in Russia, with the number of such seizures tripling just in the past year. Most often, strategic enterprises are confiscated and then transferred to loyal new owners close to Putin.
Last year alone, these so-called “sales” generated 132 billion rubles for the budget—far exceeding the initially planned 1 billion. These funds are being used to cover a growing deficit caused by falling oil revenues. In June, oil and gas revenues fell by 33.7%, reaching their lowest point in 2.5 years.
Economists warn that the liquid portion of the National Wealth Fund will last only about 2.5 more years if oil prices drop to $50 per barrel. However, widespread business confiscations are making the economy increasingly dependent on the Kremlin and are undermining its overall efficiency.
https://x.com/visionergeo/status/1942972532753093079
>oops did you run out of new material?
ID: aAA6idaI/pol/509982847#510001628
7/10/2025, 1:40:40 PM
>>509982847
According to Bloomberg, the Kremlin has confiscated property worth $49.5 billion to fill budget gaps caused by declining oil revenues.
The Kremlin is aggressively seizing assets from businesses to replenish the nearly empty state coffers. Since 2022, property worth $49.5 billion has been expropriated in Russia, with the number of such seizures tripling just in the past year. Most often, strategic enterprises are confiscated and then transferred to loyal new owners close to Putin.
Last year alone, these so-called “sales” generated 132 billion rubles for the budget—far exceeding the initially planned 1 billion. These funds are being used to cover a growing deficit caused by falling oil revenues. In June, oil and gas revenues fell by 33.7%, reaching their lowest point in 2.5 years.
Economists warn that the liquid portion of the National Wealth Fund will last only about 2.5 more years if oil prices drop to $50 per barrel. However, widespread business confiscations are making the economy increasingly dependent on the Kremlin and are undermining its overall efficiency.
https://x.com/visionergeo/status/1942972532753093079
According to Bloomberg, the Kremlin has confiscated property worth $49.5 billion to fill budget gaps caused by declining oil revenues.
The Kremlin is aggressively seizing assets from businesses to replenish the nearly empty state coffers. Since 2022, property worth $49.5 billion has been expropriated in Russia, with the number of such seizures tripling just in the past year. Most often, strategic enterprises are confiscated and then transferred to loyal new owners close to Putin.
Last year alone, these so-called “sales” generated 132 billion rubles for the budget—far exceeding the initially planned 1 billion. These funds are being used to cover a growing deficit caused by falling oil revenues. In June, oil and gas revenues fell by 33.7%, reaching their lowest point in 2.5 years.
Economists warn that the liquid portion of the National Wealth Fund will last only about 2.5 more years if oil prices drop to $50 per barrel. However, widespread business confiscations are making the economy increasingly dependent on the Kremlin and are undermining its overall efficiency.
https://x.com/visionergeo/status/1942972532753093079
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