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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.
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.
WASHINGTON (AP) — Russia appears to have defaulted on its foreign debt for the first...
Russia has accused the West of trying to drive the country into an artificial default.
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.