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 concerns are raised regarding inflation in Russia?

What potential risks does the Russian banking system face according to the discussion?