What Russias Turn to Turkey Means for the Ruble

What Russias Turn to Turkey Means for the Ruble

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses a significant pipeline dispute involving Russia and Europe, focusing on the South Stream project intended to provide an alternative gas supply route. The geopolitical tensions, particularly with Ukraine, and EU's concerns are highlighted. Due to EU pressure, the project faced challenges, leading Russia to propose the Blue Stream pipeline to Turkey as an alternative. The economic implications, including the impact on the ruble and potential bank runs, are also explored.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternative pipeline did Russia consider after the issues with Bulgaria?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised regarding the Russian ruble and its impact on the economy?

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