GnauzBookOfRhymes
Superstar
I love that video bc yes it’s funny as fukk and we all laugh about how goofy they look but those mfers end up owning the world Revenge of the nerds in real life
new toys from Czechia
The latest foreign exchange sales come as Russia's oil and gas revenue last month fell short of expectations by 30.6 billion rubles.
Brent crude oil prices have dropped 17% over the last two months as demand has come in lower than expected while supplies have been higher than expected.
China's disappointing economic rebound from zero-COVID policies has weighed on demand. At the same time, Russia has appeared to not cut its production as promised with oil exports continuing to hit highs.
Since Russia's reserves of Western currencies were frozen after its invasion of Ukraine last year, Moscow has primarily relied on its stockpile of Chinese yuan sitting in its wealth fund to cover budget deficits, which have been under more pressure amid increased military spending.
In April, the International Energy Agency said Moscow's revenue was down about 43% from a year ago.
The squeeze on the Kremlin's budget comes as Russia's central bank has raised alarms about the economy as the falling ruble and record labor shortage add inflationary pressures.