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The Duran Podcast

Sanctions driving growth in Russian economy

The Duran Podcast

The Duran

News

4.5739 Ratings

🗓️ 12 February 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

Sanctions driving growth in Russian economy

Transcript

Click on a timestamp to play from that location

0:00.0

All right, Alexander, let's do a video on the Russian economy.

0:05.0

4.1% growth.

0:08.0

Shocked everybody, I believe.

0:11.0

Even the Kremlin, it seems.

0:13.0

What is behind this growth?

0:16.0

Should the Russians be thanking the sanctions,

0:19.0

the collective West sanctions for all of this economic growth?

0:23.1

I'm going to go.

0:24.0

I'm going to anticipate and say that that is exactly what they should thank.

0:29.5

Because what we've now had is a meeting between Putin and the Russian Prime Minister

0:35.9

Muschustin, in which they went through all of the figures.

0:40.3

And you're absolutely correct. They have been astonished themselves by the pace of economic

0:47.0

expansion in Russia. Now, the growth figures for 2023 had up to now being put at 3.6% GDP growth.

0:58.0

They've been revised upwards.

1:00.2

So we now have a new figure for 2023 growth, which is 4.1% growth in GDP.

1:08.9

The figure, the anticipated, the expected GDP growth number for 2024 was 3.9%. It's now

1:20.5

been revised upwards to also 4.1% GDP growth. But it's going to be revised again, and it almost certainly is going

1:30.7

to be revised upwards. So we're likely to see GDP growth in Russia in 2024 at around 4.5, 4.6,

1:40.8

4.7 percent. Very, very rapid. Not that less than China, by the way. And what was most

1:50.9

interesting was that Ms. Houston went through and discussed with Putin where the biggest growth

2:00.6

drivers are coming from.

2:03.5

And this is where you start to get this enormous divergence between the Western narrative

...

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