The downturn is due to geopolitical tensions and export underperformance from developing nations, according to a report Global trade will contract by 5% in 2023 compared to last year, the United Nations Conference on Trade and Development (UNCTAD) reported this week, expressing a generally negative outlook for 2024.
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The sector has not collapsed as the West had expected, according to the president The exodus of Western car brands has provided Russian manufacturers with an opportunity to take back the domestic market, President Vladimir Putin stated on Thursday during a marathon Q&A session.
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Moscow fulfills its gas export obligations, including transit through Ukraine, the president has insisted Accusations that Russia has stopped natural gas supplies to the EU are “complete nonsense,” President Vladimir Putin stated on Thursday.
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