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Putin's show of Russia's economic strength won't fool any "sane investor," Carnegie scholar Alexandra Prokopenko said. She pointed to Russia's growing budget deficit and labor shortage as its war on Ukraine drags on. Experts have warned of trouble for Russia's economy as war and sanctions bite into the nation's finances. GDP could grow as much as 2% this year, Putin estimated, adding that the nation's military spending had only resulted in a "small" budget deficit so far. The Kremlin's official statistics also give a misleading view of Russia's economy, she said.
Persons: Alexandra Prokopenko, , Vladimir Putin, Putin, Prokopenko, it's, SPIEF Organizations: Carnegie, Service, Carnegie Russia Eurasia Center, Central Bank of Russia, St ., Economic, Carnegie Endowment, International, Defense Ministry, Yale Locations: Ukraine, St, St . Petersburg, Russian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMoscow has repeatedly failed to achieve its objectives in Ukraine, says former U.S. ambassadorJohn Herbst, senior director of the Atlantic Council's Eurasia Center and former U.S. ambassador to Ukraine, discusses the status of the Russia-Ukraine war and Ukraine's counteroffensive.
Persons: John Herbst Organizations: Council's Eurasia Center Locations: Ukraine, U.S, Russia
Russia's economy faces a "massive brain drain," a former central bank adviser told NPR. Alexandra Prokopenko, a former adviser at Russia's central bank, told NPR last week that many educated and skilled workers have fled the country. And about 200,000 Russian troops have been killed or wounded while fighting in Ukraine, with some estimates putting losses at 500 troops a day. As for Prokopenko, she also fled Russia soon after last year's invasion and is now a scholar at the Carnegie Russia Eurasia Center in Germany. Prokopenko has sounded previous alarms on Russia's economy this year, saying in a report in May that Western sanctions will keep Russia's economy frozen.
Persons: Alexandra Prokopenko, , it's, we've, Prokopenko, Vladimir Putin's, Putin Organizations: NPR, Service, Carnegie Russia Eurasia Center, West, Financial Times Locations: Russia, Ukraine, Germany
Russia's foreign minister slammed the West for its use of "financial blackmail." Saudi Arabia and Iran have requested joining the BRICS economic bloc, South Africa said. Meanwhile, South Africa's ambassador to BRICS also discussed potentially adding Saudi Arabia and Iran to the bloc of developing countries, as both outsider nations have officially requested membership. Lavrov held talks with Saudi Arabia's foreign minister on the sidelines of the BRICS meeting on Thursday, according to the AP. It's also shifted oil exports to China and India at steep discounts after the European Union banned Russian crude imports.
Persons: , Sergey Lavrov, BRICS, Lavrov, It's Organizations: Service, South Africa —, AP, Saudi, European Union, Carnegie Russia Eurasia Center Locations: Russia, Ukraine, Saudi Arabia, Iran, South Africa, Brazil, India, China, South, Moscow
Russia's economic war against with the West is entering a dangerous new stage, Alexandra Prokopenko wrote. "Russia's economic confrontation with the west following the Kremlin's invasion of Ukraine is entering a dangerous new stage," she warned. After Moscow suffered court defeats that kept Russian assets frozen in Europe, the Kremlin has since established a legal framework to temporarily nationalize foreign assets in Russia, Prokopenko added. "So far, neither Russia nor Europe has a comprehensive strategy on how to deal with the stranded assets," she said. The appetite of Putin's cronies to seize western assets in Russia will only add insult to injury."
A new law allows Russian conscripts to be notified of their military service via government portal. Critics say the move creates "a digital system of social control" akin to a virtual Gulag labor camp. The new conscription law, she wrote, "brings the Digital Gulag much, much closer." What is the Digital Gulag? With the digital registry and harsh punishments for noncompliance, "the government wants to create a digital system of social control by regulating individual access to rights and benefits," Stanovaya wrote.
"All of the opposition political leaders are either in jail or under restrictive measures or outside of the country. The oppression of political opposition figures in Russia is nothing new. Some accuse the Russian state of trying to poison them, while others have died in suspicious circumstances. Evgenia Novozhenina | ReutersThe persecution of political opposition figures attracted global attention in 2020 when the high-profile Kremlin critic Alexei Navalny was poisoned with a Novichok nerve agent. Russian political analyst Tatiana Stanovaya agreed that "it's extremely dangerous" to be a critic of the Kremlin now, no matter what your background is.
The blast killed Tatarsky and injured at least 30 others, the authorities said, before detaining a woman on suspicion of involvement in what they described as a "high-profile murder." The death also sent shockwaves through Russia's pro-war commentariat which has burgeoned since Russia invaded Ukraine over a year ago. Tatarsky was one of Russia's more prominent and outspoken pro-war bloggers, with 572,000 followers on the popular messaging app Telegram. Unsettling ultranationalistsTatarsky's death is the second apparent assassination of a prominent Russian pro-war commentator on home soil. A leading Russian military blogger was killed on April 2, 2023 in an explosion in Russia's second-largest city of St. Petersburg, the interior ministry said.
Russia said its journalists face attacks and "witch hunts" after the death of blogger Vladlen Tatarsky. The claims come days after Russia arrested WSJ reporter Evan Gershkovich for alleged espionage. The comments follow abuse of journalists in Russia and come just days after the widely-condemned arrest by Russian authorities of Wall Street Journal reporter Evan Gershkovich for alleged espionage. In her comments on Tatarsky's death, Zakharova also assessed the international reputation of Russian journalists, making broad claims about the discrimination they face that ignore Russian actions at home. These criticisms of how Russia's journalists are treated sharply contrast with the treatment of journalists in Russia, where reporters have been killed or jailed.
Russia said its journalists face attacks and "witch hunts" after the death of blogger Vladlen Tatarsky. The claims come days after Russia arrested WSJ reporter Evan Gershkovich for alleged espionage. The comments follow abuse of journalists in Russia and come just days after the widely-condemned arrest by Russian authorities of Wall Street Journal reporter Evan Gershkovich for alleged espionage. In her comments on Tatarsky's death, Zakharova also assessed the international reputation of Russian journalists, making broad claims about the discrimination they face that ignore Russian actions at home. These criticisms of how Russia's journalists are treated sharply contrast with the treatment of journalists in Russia, where reporters have been killed or jailed.
Russia-Ukraine war: China is winning either way, think tank says
  + stars: | 2023-03-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRussia-Ukraine war: China is winning either way, think tank saysAriel Cohen of the Atlantic Council's Eurasia Center says "if Russia fails, it sinks deeper into the Chinese orbit. If Russia wins, it becomes a battering ram against Europe and against the United States."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUkraine's Zelenskyy will probably bring home a new package of sanctions, says former U.S. ambassadorJohn Herbst, senior director of the Atlantic Council's Eurasia Center and former U.S. ambassador to Ukraine, says Ukrainian President Volodymyr Zelenskyy will probably achieve "not a bad result, but not a great result" from his EU trip.
Sean Gallup | Getty Images News | Getty ImagesUkraine has repeatedly asked its Western allies to provide it with battle tanks to help it fight Russia but up until now, its Western allies appeared reluctant to do so, fearing the provision of offensive weapons could provoke Moscow further. Last week, the White House again declined to say whether the U.S. would specifically provide Ukraine with main battle tanks. Picture Alliance | Picture Alliance | Getty ImagesThe impasse over tanks seemed to break when the U.K. announced at the weekend that it would be sending 14 Challenger 2 tanks to Ukraine. Poland's President Andrzej Duda reiterated his calls for Ukraine to receive more Western tanks when he appeared on a panel at the World Economic Forum in Davos, Switzerland, on Tuesday. Ukrainian armed forces' soldiers drive a T-72 tank on the outskirts of Bakhmut, eastern Ukraine on December 21, 2022.
For the world leaders meeting with Biden over the next week, there’s no assurance that he'll be the president they’ll be dealing with for the next six years. The U.S. is unnerved by Chinese military exercises that threaten Taiwan and raise the specter of a future invasion. “Tuesday was a good day for America, a good day for democracy,” Biden said Thursday at a Democratic National Committee event. Another reason that Biden might find the trip more gratifying is that he averted the midterm wipeout that sitting presidents normally endure. Biden’s midterm test went much better.
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