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Russian economyQuillette
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65% Informative
Russian economy grew at a rate of around 4 percent in the second quarter of 2024 , down from a first quarter high of 5.4 percent .
Despite predictions that the Russian military would suffer crippling shortages, Putin ’s war machine has proved surprisingly efficient at rearming itself.
The sanctions may slow supplies of military components in the short term, but result in a global game of whack-a-mole.
Such an approach risks undermining the West ’s dominant position in the global economy.
Autocracies like China , Russia , and Iran have long sought to establish payment systems and trading blocs outside Western influence.
City of London laundered around 100 billion every year for clandestine customers, exposing Western nations to Russian influence.
Swiss banks are thought to hold over $200 billion in stashed Russian cash.
Russians with links to the Kremlin hold at least 1.5 billion worth of UK property.
Ironically, it is this patronage that helped Putin establish his grip on power.
VR Score
72
Informative language
73
Neutral language
33
Article tone
semi-formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
40
Source diversity
28