Bloomberg Businessweek

Bloomberg Businessweek Weekend - February 28th, 2025

7 snips
Feb 28, 2025
In this engaging discussion, guests include Alexander Vindman, a retired U.S. Army Lt. Colonel and expert on U.S.-Russia relations, and Edward Fishman, a Columbia professor specializing in sanctions. They dive into the complexities of U.S.-Russia dynamics and the impact of economic warfare amid the Ukraine conflict. Doug McMillan, CEO of Walmart, shares insights on retail's digital evolution, while Amanda Moll reveals the booming med spa industry. The conversation also touches on legal battles surrounding Elon Musk's data access and advancements in autonomous vehicle technology.
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INSIGHT

Sanctions Effectiveness

  • Sanctions can cause significant economic harm, but their political effectiveness isn't guaranteed.
  • Russia's economy is struggling due to sanctions, but Putin remains in power.
INSIGHT

Choke Point Evolution

  • Traditional choke points were geographical, like the Bosphorus.
  • Modern choke points include financial systems and supply chains, controlled remotely.
INSIGHT

Dollar Dominance

  • The U.S. dollar's dominance as a medium of exchange is key to its power, not just its reserve status.
  • China's digital RMB and platforms like CIPS could challenge the dollar's power.
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