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  1. Macroeconomics in Russia

    Soaring gas prices could result in between USD 20 billion and USD 100 billion in extra revenue for Russia in 2022. In the base case scenario, the rouble will strengthen moderately against the US dollar and more significantly against the euro. Oil prices will remain high due to the extension of the OPEC+ deal and low inventories at the end of 2021....

  2. WEF: looking ahead

    ... R&D fell by 14% last year. People who lost their jobs during the pandemic are also losing hope of finding another. Automation and the rise of digital technology will lead to deepening inequality due to a skills gap among sections of the population. In Russia, meanwhile, there are high hopes that an increase in global prices for commodities such as oil, gas, nickel and aluminium will help the economy to recover to pre-crisis levels. The Russian economy is forecast to grow by 3.7% this year, following ...