KSG Intelligence Services

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GeoBITs

intel.ks.group

GeoBITs

January 20, 2023

Dakota Cary
Jan 20
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GeoBITs

intel.ks.group

Russia & Europe

Economy

Analysts point to a weakening ruble as an arbiter of the Russian economy’s trajectory in 2023. The currency slid 12% against the dollar in December 2022 – stymied by the European oil embargo – cutting its gains from the prior year in half.

  • Oil and gas revenues account for 40% of the national budget. Falling energy prices globally—pa…

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