The Russian economy is currently in a very difficult position. The national currency fell by almost 20 percent and continues to fall. Russian stocks made a downward movement of about 40 percent. The country introduced a quarantine regime like other states. Russia's income consists mainly of the energy sector. The price of gas and oil has fallen to almost minimum levels and this is not the limit. The heating season is coming to an end. Most enterprises that use gas for industrial purposes are now closed from the global corono pandemic virus. Demand for oil is also falling every day. Profitability of companies falls with geometric progression. The Russian government intends to pay subsidies to maintain the country's oil and gas industry. In this situation, the shares of companies such as Gazprom most likely have no prospects for growth. P.S. Subscribe to my page. Then there will be many interesting things.
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