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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.
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 ...
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 that's why it could be even worse if we hadn't received such amount of support. and you can hear much more from ukraine's finance minister this weekend on talking business with aaron heslehurst on the bbc news channel, bbc world news and bbc iplayer. let's go to moscow now and speak to chris weafer. he's the founding partner of macro—advisory, which provides advice for ...
Energy exports and the structure of its economy shielded Russia from some of the impacts of sanctions.
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 ...