Russia’s invasion of Ukraine has been rapid and dramatic, but the economic consequences will be much slower to materialize and less spectacular, writes Jason Furman. In the long run, however, Russia is likely to be the war's biggest loser.
Von Redaktion Table
The Ukraine war is also part of a global struggle for oil and gas. The USA wants to sell more of it to Europe. China, in turn, wants to be less dependent on oil and gas from the US and its allies – and is leaning toward Russia.
Von Redaktion Table