President Vladimir Putin’s economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30% year-to-date slump on loose monetary policy and revealing growing discord among Russia’s monetary authorities.

  • SupraMario@lemmy.world
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    1 year ago

    I think COVID while horrible, was a perfect wakeup call to companies that the JIT model and having everything made and sourced from China was not a good idea. It’s good to see the decupling from China. Hopefully it will continue and the SEA countries are using the influx of money to their advantage.