Three Threats to the Russian Economy: Oil Prices, Relations with China, and Public Finances

Lietuvos Radijas ir Televizija

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Russia still does not face such difficulties or restrictions that would prevent it from continuing the war in Ukraine, says Vytenis Čipinys, coordinator of economic policy analysis at the International Relations Department of the Bank of Lithuania. However, he identifies at least three risk factors that could change the situation: the decline in oil prices, increasing dependence on China, and rising pressure on Russia's public finances.