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

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June 3, 2022 11:14 amby The Kyiv Independent news desk

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."

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The Kyiv Independent news desk
Author:  The Kyiv Independent news desk

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