RUSSIAN Sales to China Crash

Video Description

Get 4 months extra on a 2 year plan here: https://nordvpn.com/joeblogs. It’s risk free with Nord’s 30 day money-back guarantee! Please subscribe to Joe Blogs Travel: https://www.youtube.com/channel/UCKsX_rz4FJnkvJdj9qf_0gA If you would like to support the Channel: https://www.buymeacoffee.com/JoeBlogs https://www.patreon.com/joeblogsYT YouTube Membership - https://www.youtube.com/channel/UCjniKviAJH0mENoLStpQXmQ/join YouTube Super Thanks (click below) In this video I discuss the latest trade data which shows that China cut the amount of Oil and Coal that it purchased from Russia by 13%. This represents a significant problem for Russia as it is now dependent upon large monthly purchases from China and does not have alternative options if China stops buying. Is this change in buying patterns a sign that China is deliberately reducing its purchases from Russia ahead of the potential 500% tariffs that the USA is threatening for buyers of Russian Oil if Russia pulls out of the peace talks with Ukraine? For specific details please check out the CHAPTER list below. Chapters: 0:00 Intro 1:34 OIL & COAL 3:55 OIL PURCHASES 6:20 COAL PURCHASES 7:00 OIL IMPORTS 9:39 COAL IMPORTS 11:10 RUSSIAN REVENUE 13:19 TAX RECEIPTS 15:15 SUMMARY & CONCLUSION #russia #ruble #russianeconomy #donaldtrump #globalrecession #russianoil #gdp #rouble #ukraine #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3