Russia has problems with supply chains, a debt crisis, a severe bank run, a currency crisis, and foreign direct investment issues because of the war it started against Ukraine. The best macroeconomic policy for Russia is to stop this insane war.
Western media and politicians continue to comment on the Ukraine-Russia “peace talks.” Their remarks can be likened to the commentary on a game of chess with speculation about the next possible move, whilst one opponent is beating up the other with a chessboard.
Dr. Anastassia Fedyk, who was born in Ukraine and now is an assistant professor of finance at UC Berkeley, joined Charles to discuss what is
Ukraine’s economy continues to operate despite the battering the country is getting from the Russian military. Many factories and businesses still function. Other industries like
The European Union (EU) countries have paid over 13 billion dollars for Russian oil, gas, and coal since Russia invaded Ukraine.
Ukraine is fighting the last anti-colonial war in Europe. If it loses, it will cease to exist and the law of the jungle will be a new global order. Thus, Ukrainians have no choice but to fight. And the world, if it wants to restore a rules-based global order, should help Ukraine win.
Earlier we argued that buying Russian oil was immoral. But no less moral is for companies (especially for companies that practice ESG) to continue operations in Russia paying taxes and thus enabling Putin to kill more Ukrainians.
In this Matrix on Point event, a panel of UC Berkeley scholars discussed the Ukraine-Russia War conflict and its implications. Panelists included John Connelly, the