

Why Putin might not be so worried about Russia's economy
9 snips Jan 10, 2025
Richard Connolly, a Senior Analyst for Oxford Analytica and author of 'The Russian Economy,' dives into the complexities of Russia's economic landscape amid ongoing conflict. He discusses the Kremlin's mixed feelings about U.S. politics and its implications for sanctions. Highlighting the ruble's status and the surprising resilience of the Russian economy despite war challenges, Connolly examines how heightened defense spending contrasts starkly with the struggles faced by lower-income Russians. The episode reveals an economy that, while troubled, may not be as dire as commonly believed.
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Kremlin's View on Trump's Return
- Trump's return to the White House creates uncertainty for the Kremlin's plans in Ukraine.
- His past actions show a mixed record, making predictions difficult.
Aid to Ukraine Slows Down
- Aid to Ukraine, while substantial initially, has slowed, especially from the US.
- Future aid packages face uncertainty due to political shifts in the US Congress.
Sanctions Relief Unlikely
- It is unlikely that Trump will offer Russia sanctions relief unilaterally.
- Any sanctions relief would likely be tied to a peace deal, the terms of which are unclear.