Russia’s Wounded Financial system — How Dangerous is it?


EXPERT PERSPECTIVE — The European Union has made its long-awaited choice to cap Russian crude oil at $60 per barrel and to forestall European corporations from delivery Russian oil not coated by the worth cap, to different international locations. The measures took impact on the similar time the EU imposed a brand new sanctions bundle outlawing a variety of maritime providers to Russia. A Kremlin spokesman described the EU actions as “a step towards destabilization of the world power markets.”

The EU strikes symbolize the most recent salvos within the Western marketing campaign to precise an financial value for Russia’s aggression in opposition to Ukraine. 

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