Saudi Arabia is one of the wealthiest countries in the middle east that faced big technological challenge in the last 40 years. But the future of energy markets and technology is a big threaten for the future of Saudi Arabia.
It seems that Electric cars is a big challenge for the Saudi Arabia, because all Oil and gases as a energy resources will waste and they will not have any position in the future of energy markets.
Russia's invasion of Ukraine started by February 2022, Global response to this war crime was heavy sanctions that paralyzed Russia's economy.
Capital flight happened and in a short term inflation rate hit 200%. Big brands and high qualified products exited from Russia's market and entrepreneurs exited from Russia. Ordered economy model started and Russia's central bank and money and banking system banned from Accessing global trading system SWIFT.
Russia's political and economical leverage for returning back to the global community failed. Russia's oil and gas market banned from accessing Europe and the next solution for Russia's broken economy become partnership and economical allies with China.
The thing that revealed the primary shared currency with a new money and banking system between communism block.
Economists predict that all of these are the signs of Russia's economic collapse countdown for 2022.
