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

    Ah, so I didn’t say it’s a lie, you just think that’s what I implied. Of course, you could have asked me what I meant rather than just assumed you knew.

    Too late now.

    • anticolonialist@lemmy.worldOPEnglish
      0·
      4 months ago

      Based on previous interactions and comments you largely believe the officially sanctioned DNC version of events.

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

        Yes, I understand that you assumed you knew what I thought rather than just asked me. I already said that.