Question

What is Russia's:

- Economic political situation and risks
- Current economic situation, opportunities, challenges and risks
- Socio-cultural situation

Answer 1

Russia situation

Economic: it is not performing well as covid 19 generated recession affected them badly and post ussr Russia is In conflict in with European countries and thus it's trade is affected by this as Russia annexed cremia and increase political tension.

Political: political unstablity as president Putin is behaving like dictator and loss of democratic values are seen. Cremia annexation was a very bad politics as it make Russia way out of G-8 group and now it politics in middle East and rival with America can be seen.

Socio cultural situation: Russian culture has a long and rich cultural history, steeped in literature, ballet, painting and classical music. Turkey and slave people are mainly influence there culture.

Opportunity and challenge: : Russia is largest country in area and have a lot of resources (mainly energy )and thus they have very large potential to grow , which create opportunity to create employment. Russia is in good position vin defense and huge potential to grow it and ot have big capacity to explore space as recently seen.

Challenge: harsh weather conditions, political unstable, bad relationship with neighborhood like EU, environmental damage due to oil spill and which cost itvin every dimension.