The Business Times
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Simon Johnson and Oleg Ustenko

OLEG USTENKO IS ECONOMIC ADVISER TO UKRAINIAN PRESIDENT VOLODYMYR ZELENSKY

High inflation and interest rates are eating away at the foundations of Russia’s economy and sapping its growth.
THE BOTTOM LINE

This time could be different for Russia sanctions

2026-08-04T04:00:00.000Z
The G7 and the European Union agreed to keep Russian oil on the world market, largely because Russia is such a large supplier – about eight million barrels per day.

Trump can win against China – in Ukraine

2024-12-03T21:00:00.000Z
Russia is huge in geographic terms, but its economy is tiny relative to the economies of the West, with GDP amounting to just US$2 trillion.

Russian revisionism and the sources of Western weakness

2024-04-03T21:00:00.000Z
Russian crude oil tanker ship Clyde Noble is seen berthed at the Karachi Port, Pakistan, June 28, 2023. Pakistan received its second cargo of discounted Russian crude oil as part of a new deal between Islamabad and Moscow.

Why are Russian oil products still being sold in America?

2023-07-05T17:32:47.000Z
Oil pumping jacks, also known as "nodding donkeys", in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Russia is still exporting around 1.25 million barrels per day to the EU by sea.

How to stop Russia immediately

2022-06-27T08:41:34.000Z
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