Things used to be easy for President Putin in the 2000s. Oil and gas was on the up, hitting historically nominal highs in 2008. In a world of 'petro-state paradise', Russia was a key beneficiary. Serious upstream investment wasn't needed to meet demand; the Kremlin could sweat assets, maintain production (and prices), all while playing ...
BING NEWS:
- Putin Flexes Nuclear Capabilities at Delicate Moment for Ukraine
The Russian leader’s emphasis on nuclear prowess has been seen as an attempt to deter Western military aid to Kyiv.
10/29/2024 - 5:52 am | View Link - Putin’s plan to dethrone the dollar
The centrality of the dollar provides what Henry Farrell and Abraham Newman, two scholars, call “panopticon” and “choke-point” effects. Because almost all banks transacting in dollars have to do so ...
10/19/2024 - 1:00 pm | View Link - A Three-Step Plan for Stopping Putin’s ‘Shadow’ Oil Tankers
The US and its European allies have the experience and training to board and seize ships smuggling Russian oil.
10/15/2024 - 5:00 pm | View Link - More
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