Some are finding ways to make money in wartime Russia, but no one views the country as a safe place to keep savings. Ultimately, it is only high savings rates and a lack of alternatives that are keeping the last remaining investors in the Russian financial market.
The new sanctions package will be extremely painful for the Russian economy, but it’s two years too late to be a gamechanger. In a global context, however, it increases the risk of the fragmentation of the financial system.
He presents it as a compromise, but it’s really an ultimatum.
Although there are potential security and economic benefits for Moscow to be gained from closer ties to Afghanistan, they will be difficult to achieve.
Russia’s tax reform comes at the expense of companies working outside of the defense sector and related industries.
The population of a colossal country may be clinging to its Soviet self-perception, but it is no longer Soviet—nor Western—and has lost all semblance of identity.
Russia’s invasion of Ukraine has left a group of “in-between” European countries more vulnerable and insecure than ever before. This arc of instability spans from the South Caucasus through Moldova to the Western Balkans.
