There are several reasons. For one, the state is highly dependent on foreign crude oil.
Russia’s economy relies on imported tech, like aircraft parts and semiconductors. That leaves it vulnerable as sanctions multiply.
Olia Hercules, an award-winning cookbook author, is feeding supplies to her brother in Ukraine.
One possibility: finding ways to use land under and around solar panels to grow crops.
Sanctions represent an existential threat for Russia’s elite, says sociologist Brooke Harrington.
Wage growth, low unemployment and pent-up demand when COVID case counts decline may help explain the disconnect.
Dating apps rely on supply and demand. If users don’t feel safe, they’ll ditch the platforms.
The people and equipment they need are already hard at work.
Econ Extra Credit newsletter #93
Biden’s executive order calls for first-of-its-kind regulation of cryptocurrency.
