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April 14, 2023
Russian state-owned energy company Gazprom has lost access to the European market and is rife with inefficiencies. Still, it isn't going anywhere soon. The engine of Russia's vast resources are fed into Vladimir Putin's system for maintaining power.
February 24, 2023
The West has targeted Russia’s cash cow with two sets of dramatic sanctions. In December an embargo and price cap scheme was imposed on crude oil ...
February 24, 2023
Is military budget. last year we attracted around $32 billion as grants and credit financing from our partners. it help us to cover our budget needs. it help us to partly revitalise our economy, make it in a better shape. and thats why it could be even worse if we hadnt received such amount of support. and you can hear much more from ukraines finance minister this weekend on talking business with aaron heslehurst on the bbc news channel, bbc world news and bbc iplayer. lets go to moscow now and ...
February 23, 2023
Energy exports and the structure of its economy shielded Russia from some of the impacts of sanctions.
February 23, 2023
The West has targeted Russia’s cash cow with two sets of dramatic sanctions. In December an embargo and price cap scheme was imposed on crude oil ...
October 19, 2022
Simon Pirani - A look at the economic war being waged alongside the military conflict, the resulting disruption of energy markets, and their place in the broader social and ecological crises shaking capital.
October 17, 2022
Alongside the military conflict in Ukraine, an economic war is disrupting energy markets. Narratives of “energy crisis” serve to rationalize increased fossil-fuel investment, magnifying the impact of the war and climate crisis for the whole of humanity.
June 28, 2022
WASHINGTON (AP) — Russia appears to have defaulted on its foreign debt for the first...
June 27, 2022
Russia has accused the West of trying to drive the country into an artificial default.
June 27, 2022
Russia appeared to default on its foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country from the global financial system following sanctions imposed over its war in Ukraine.