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Trade, Economics, and Business

[An important question will be whether Russia retaliates by banning G-7 exports to Russia.] If so, Russia would ironically be helping isolate itself further and reduce trade with the West.”

Authoritarian Interference Foreign Policy

On the other hand, it’s that litmus of loyalty that is the key ingredient to an oligarch’s wealth. Mr. Putin can create it and Mr. Putin can take it away... We saw a little of this in 2014 after the annexation of Crimea. The oligarchs understood the loyalty test and many of them drew even closer to the regime.”

Defense Cooperation

As other forms of income are being reduced through sanctions, to have a steady stream of income through energy gives Russia something to rely on to keep making bullets, to keep making armour, and to do all the other things needed to sustain and potentially accelerate this war effort.”

Defense Cooperation

Putin is calculating right now, if this spills over into something more significant he may decide to use whatever weapon is at his disposal. If he feels that this is going beyond Ukraine into these other spaces, including with NATO and the United States, I think all bets are off the table.”

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