Opinion

A business plan to destroy the Russian economy

The West must move on from the last four years of economic skirmishes and declare an "Economic World War" against Russia. The $70 billion budget deficit that Russia faced at the start of the year did not manage to cripple its economy.  Since then, its oil exports soared 52% to 713 million euros ($836 million) per day in March compared to February, turning Western efforts into a case of one step forward and two steps back. Russia's windfall from oil inflation has been further boosted by U.S. Pr