The revenue powers Vladimir V. Putin’s war machine in Ukraine. But plans for new U.S. sanctions could create problems with China, India and other major buyers.
Tag: Russia
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Russia’s Economic Outlook Grows ‘Especially Gloomy’ as Prices Soar
The government has brought stability for now through extreme measures, but forecasters are expecting continued severe inflation and a deep downturn.
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Russia’s War on Ukraine Shows That It Is Fascist
If Vladimir Putin prevails in Ukraine, fascists around the world will take comfort.
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Russia Uses Surrender in Mariupol to Portray Ukrainians as Terrorists
Many soldiers who surrendered from Mariupol’s Azovstal steel plant belong to the Azov battalion, a group with far-right roots, and the Kremlin may now put them on trial just as Ukraine is prosecuting Russians for war crimes.
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Omens of Decline for Russia’s Once World-Leading Energy Industry
Sanctions have grounded Russia’s ambitious plans to build its liquefied natural gas capacity. Analysts say it’s a sign of problems ahead.