Uncategorized

Bloomberg: Russian default won’t win the war, West should target Russia’s oil and gas

0 min read

In its recent editorial, Bloomberg wrote that keeping financial pressure on Russian dictator Vladimir Putin’s regime is “justified – but it’s no game-changer.” The U.S. and its allies should keep their focus on Russia’s exports of oil and gas, the country's main economic vulnerability, Bloomberg says. "Embarrassing Putin with a formal debt default would be well and good. But stopping the war demands a renewed commitment to economic isolation."

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed
 (Updated:  )Company news

The Kyiv Independent’s separate analytical unit, KI Insights, is excited to announce the launch of its podcast, Ukraine Insights — a show dedicated to unpacking Ukraine’s politics, security, economy, and international relations through in-depth, expert-driven conversations.

Video

In December 2023, Hlib Benia, a Ukrainian soldier with the 79th Separate Air Assault Brigade, was delivering supplies to his comrades when Russian FPV (first-person view) drones struck. Two of his fellow soldiers were killed. He survived but lost an arm and a leg.

Show More