Part 5/7:
The state of the Russian economy also featured prominently in Browder’s analysis. While various reports suggest conflicting narratives about Russia’s economic stance, Browder asserted that the country is facing severe financial difficulties exacerbated by sanctions and the withdrawal of European buyers from the energy market. He highlighted soaring inflation, an exorbitant interest rate of 23%, and the depletion of Russia’s sovereign wealth fund as indicators of economic malaise.