Michael Pröbsting Some on the left still claim Russia is not an imperialist power (and hence a lesser evil than Western rivals). This is a discussion not just of theoretical interest but also of political importance.
Western pundits predicted that Russia would not be able to tame inflation without falling into a recession. Despite a steep depreciation of the Russian rouble - from 70 roubles to a dollar before the invasion to 95 roubles to a dollar in August 2023 - its inflation has been under control. It has an inflation rate of 7.6%, which is high but comparable to recent inflation in many countries - for instance, US inflation last year and Britain s current rate.
Foreigners will be able to withdraw dividends from investments in production and technology development in Russia made after April 1, 2023, the Russian Finance Ministry said on Wednesday.
Despite pessimistic forecasts, Russia is among the five largest economies in the world and has overtaken the Federal Republic of Germany, Russian President Vladimir Putin said at the Council on Strategic Development and National Projects.