Russia’s High-Stakes Gamble: The Looming Threat of 'Total Chaos'
By Evelyn Hartwell · 5 min read
BUSINESS
The hallways of the State Duma in Moscow are usually a theater of choreographed loyalty.
BUSINESS
Russia is currently trapped in a feedback loop that any CFO would recognize as a death spiral.
BUSINESS
The Russian business landscape in 2024 is a hall of mirrors.
BUSINESS
This isn't just an economic inconvenience.
BUSINESS
For the first eighteen months of the 'Special Military Operation,' the Russian public was largely insulated from the costs.
BUSINESS
The Central Bank of Russia, led by the increasingly isolated Elvira Nabiullina, has been forced to hike interest rates to 19%—and likely higher—to prevent the ruble from becoming a memory.