Russian Economy Beating All G-7 Economies

Russia’s economy grew faster last year than that of every G-7 nation (Canada, France, Germany, Italy, Japan, the United Kingdom and the United States). The International Monetary Fund (imf) projects this to occur again in 2024, the Financial Times reported on Friday.

The trend shows that Western sanctions designed to constrict the Russian economy as punishment for its war on Ukraine have failed to accomplish their goal.

They predicted decline, failure, collapse—that we would stand back, give up, or fall apart. … They won’t succeed! Our economy is growing, unlike theirs.
—Vladimir Putin, Russian president

Details: Not only is Russia’s economy growing faster, it is now bigger than each of the G-7 nations’ economies, except the U.S. and Japan.

On January 30, the imf projected Russia’s gross domestic product to grow at 2.6 percent this year, which is 1.5 percent higher than what it projected in October.

The Trumpet said: When the West unveiled its sanctions against Russia, many projected the nation’s decline. But the Trumpet made no such claim. That is because the Bible prophesies that Russia will continue to rise.

This rise is a sign of an imminent earthshaking event that will affect the whole world.

Learn more: Read our Trends article “Why the Trumpet Watches Russia Returning to Superpower Status.”