Russia Is Feeling The Pain | US Extends Lifeline to Argentina | South Korea Strains

Russia’s government has unveiled plans to raise value-added tax (VAT) from 20 to 22 per cent, a move that showcases the mounting financial strains of its war in Ukraine and reverses President Vladimir Putin’s pledge not to raise taxes again before 2030.Subscribe for full analysis on global markets, policy shifts, and economic trends.00:00 Introduction 00:10 Russia Breaks Tax Pledge as War Costs Mount03:02 US Extends $20 Billion Lifeline to Argentina 05:50 South Korea Faces Financial Strains