Admiration for Putin’s decisiveness has largely subsided in the West, but not totally. There are still people arguing Russia will come out the other end reinforced. While low oil prices will also produce problems in the US shale sector, it’s strange to close one’s eyes to the problems these cause in Russia’s energy sector. The […]
March 14th, 2015 · Comments Off on Is Putin Winning The Oil War?
February 10th, 2015 · Comments Off on A Russian Default?
It’s no secret that Russia is plagued by the crash in the oil price and Western sanctions, but there are also a host of structural economic problems. If the present conditions endure or worsen, there is a reasonable chance that Russia will default on part of its foreign debt, mostly in the hands of private […]
November 29th, 2014 · Comments Off on Turn The Lose-Lose Economic War With Russia Into Trading Profits
While riding a wave of domestic popularity, Putin has made a bad gamble for Russia. Instead of developing an 21st century economy by stimulating value-added industries and human capital, he got stuck on 20th century concepts like sphere’s of influence. The resulting sanctions will hurt Russia and the West, but this isn’t a situation Russia […]
Tags: Emerging Markets
November 3rd, 2008 · Comments Off on How about this for a bubble..
And it’s about to burst as well. What foreign diplomacy and policy were impotent to achieve but good old US style bubble economics has no trouble in letting Putin sing from another song book..