Russian Economy on Brink of First Recession Since 2009

The video discusses the economic challenges faced by Russia due to falling oil prices and sanctions related to the Ukraine conflict. It also highlights cyber attacks by Iranian hackers on airlines and defense sectors. Additionally, it covers the financial impact of declining oil prices on billionaire Harold Hamm, leading to significant personal losses and potential cutbacks in US oil drilling.

What are the main factors contributing to Russia's economic difficulties as mentioned in the video?

• Rising GDP

• Increased foreign investments

• Plunging oil prices and sanctions

• High inflation rates

Which sectors were targeted by Iranian hackers according to the cybersecurity firm?

• Healthcare and finance

• Airlines, defense contractors, and energy companies

• Retail and education

• Agriculture and tourism

What was the primary goal of the Iranian hackers as described in the video?

• To disrupt social media platforms

• To steal financial data

• To create new software

• To find vulnerabilities for physical attacks

How much did Harold Hamm lose due to the falling oil prices?

• $15 billion

• $5 billion

• $8 billion

• $12 billion

What action did US drillers decide to take in response to the declining oil prices?

• Increase production

• Cut back on drilling

• Export more oil

• Invest in renewable energy