Russias Currency Interventions Top $4 Billion

The video discusses the impact of slowing economic growth on consumer spending and global stock markets, highlighting a significant drop in stock values. It examines China's unexpected trade growth, which helps mitigate its property slump amid a cloudy global growth outlook. Additionally, it covers Russia's currency interventions in response to falling oil prices, which have affected the ruble and the country's revenue.

What was the impact of slowing economic growth on consumer spending?

• It increased consumer spending.

• It had no effect on consumer spending.

• It led to a rise in consumer spending.

• It dampened consumer spending.

How much did Chinese exports grow in September compared to the previous year?

• 5%

• 15%

• 20%

• 10%

What was the projected change in Chinese imports by economists?

• A 5% increase

• No change

• A 2% decline

• A 2% increase

How much did Russia's central bank spend on currency interventions on October 9th?

• $500 million

• $2 billion

• $1 billion

• $860 million

What percentage of Russia's revenue is contributed by oil and natural gas?

• Almost a quarter

• Almost a third

• Almost half

• Almost two-thirds