Long And Very Long Ride for Russian People: Prasad

The video discusses Russia's economic challenges, focusing on its dependency on oil and the impact of low oil prices and sanctions. The Russian Central Bank's efforts to stabilize the ruble and control inflation are examined, highlighting the increase in interest rates. The stability of Russia's banking system is analyzed, considering foreign debts and reserves. The video also covers the European Union's strategy to address sluggish economic growth through a strategic investment fund aimed at boosting infrastructure and attracting private investment.

What is a major factor contributing to Russia's economic difficulties?

• Strong domestic demand

• Dependence on oil and gas revenues

• Dependence on technology exports

• High oil prices

What action did Russia's central bank take to address the economic crisis?

• Introduced new currency

• Decreased foreign exchange reserves

• Increased interest rates

• Lowered interest rates

What is a potential consequence of Russia's economic measures?

• Stronger ruble

• Higher inflation

• Increased foreign investment

• Decreased inflation

What is the main goal of the EU's strategic investment fund?

• To reduce oil dependency

• To boost domestic demand

• To stabilize the ruble

• To increase interest rates

What is a challenge faced by the EU in implementing the investment fund?

• Lack of public-private partnerships

• High inflation rates

• Choosing the right projects

• Insufficient EU funding