All right, Alexander, let's revisit the Russian economy.

And Putin has said some interesting things about the Russian economy.

Actually, he was the other day he was visiting a military hospital.

And Putin said that the Russian economy is shifting towards an economy that is more, more heavily based on, uh, on manufacturing and, and, um, and production and stuff like this rather than energy.

And he wanted to point that I thought that was interesting. And he said that the

Russian economy is shifting now. And it's doing this while maintaining its growth, its levels of growth.

So what is going on with the Russian economy?

Well, that is entirely correct. That's exactly what he did say. And it comes off the bat of various meetings that

he's had with people who are active in the economy, not just on the finance and macro side,

but people who are actually there who are industrialists and people of this guy.

In a very, very interesting meeting with, I think he's named Beseyov,

who is the CEO of Rostek. Now, Rostek is this absolutely colossal industrial conglomerate in Russia.

It's sometimes compared with Samsung in South Korea. It's, you know, that kind of scale in terms of the economy. It's huge,

and it does huge numbers of different things. It builds ships. It builds machine tools. It builds

every conceivable industrial product that you can imagine. It's, by the way, largely,

though not entirely state-, and it encompasses most of the Russian military industrial complex. So they're the people who make the shells,

the tanks and all of that kind of thing. But anyway, this particular meeting was about civil aviation.

And this person, this official, Chemezov, told Putin that Russia anticipates building

500 civil aircraft by 2030.

That's in six years.

Now, I have to say, I mean, you know, that is an eye-watering figure,

and I really do wonder how, you know, sustainable and achievable that is. But this man said,

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