Despite Western sanctions over the Ukraine war, Russia has transitioned from an upper-middle to a high-income economy, according to the World Bank's latest rankings. Factors such as increased military activity, a rebound in trade and construction, and growth in the financial sector contributed to this shift. Consequently, Russia's Atlas GNI per capita rose by 11.2%.

Despite sanctions by Western countries against Russia due to the Ukraine war, the country has become a high-income economy from an upper-middle income economy. In its latest rankings, the World Bank has promoted the Russian economy to the top income category.

  • Flying Squid@lemmy.worldMEnglish
    0·
    4 months ago

    Biden did not force Putin to invade Ukraine. No one forced him to do it. In fact, Russia explicitly pledged not to do so in exchange for Ukraine’s nuclear weapons.

    “They wanted Ukraine to join NATO” is not an excuse to break that pledge, nor is it an excuse to invade Ukraine and annex part of it.

      • Flying Squid@lemmy.worldMEnglish
        0·
        4 months ago

        Once again, you either didn’t read your link or you didn’t think I would:

        Those documents provided that Ukraine would transfer all strategic warheads on its territory to Russia for elimination and, in return, would receive security assurances, compensation for the commercial value of the HEU, and Nunn-Lugar assistance to help with the disposal of ICBMs, ICBM silos, bombers and other infrastructure on Ukrainian territory. Perhaps as importantly but less tangibly, the Trilateral Statement removed what would have been a major impediment to Ukraine’s development of normal relations with the United States and the West.

        What ‘security assurances’ do you think they were talking about?