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.

Richard Connolly, an associate fellow specializing in the Russian economy, and Simon Jenkins, a renowned journalist, debate the effectiveness of sanctions against Russia. They argue that these penalties may not alter autocratic regimes and could even destabilize Western governments. Opposing them are Russia expert Owen Matthews and journalist Anna Reid, who discuss the challenges of imposing sanctions while managing geopolitical consequences. The debate raises pressing questions about the moral implications and actual impact of these measures on the Russian population.