
Russian Banking Crisis 101
Although many economists have cautioned about an impending banking crisis in Russia for a while, now the warnings are coming even from within government circles.
Geopolitical analyst focusing on structural dynamics across Eastern and Western Europe.
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Although many economists have cautioned about an impending banking crisis in Russia for a while, now the warnings are coming even from within government circles.

A week ago, Russia’s equivalent of Amazon, Wildberries, was virtually unknown to anybody who was not familiar with the inner workings of either Russian business or everyday life.

The first news of the fuel crisis in Russia emerged in May.

This past week has seen a flurry of activity from Vladimir Putin.

The US and Iran might be signing a deal. If stories are true, Iran gets the moon and the skies. What will the final bill entail and who will pay it?

When Donald Trump returned to the White House, he promised to end the war in Ukraine by negotiating a deal between the warring parties, applying pressure on the party resisting the peace effort.

On Thursday, Donald Trump announced on Truth Social that due to Poland having elected a president he liked (although that happened over a year ago, but Trump is almost 80, so let’s not be too harsh) 5,000 American troops would be deployed to Poland as a contribution to the security of NATO’s eastern flank.

The killing of 24 people by Russia in a Kyiv apartment complex, along with other civilians elsewhere in Ukraine, following the 9 May ‘ceasefire’, has been presented by many commentators as Putin’s revenge for the humiliation he suffered at the hands of the Ukrainian president, Volodymyr Zelenskyy, and the permission to hold the military parade Zelenskyy granted.

When Ukraine’s president, Volodymyr Zelenskyy, issued a decree on 8 May authorising Russia to hold the military parade on Red Square on 9 May from 10am Kyiv time, many took it as a brilliant publicity stunt and masterful trolling.

Donald Trump’s and Vladimir Putin’s last week’s phone call last reignited discussions about a possible ceasefire in Russia’s war against Ukraine.