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Russia’s economic future could be in its past

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A man walks in front of the Kremlin's Spasskaya tower and St. Basil's cathedral in Moscow on February 3, 2022.

A man walks in front of the Kremlin's Spasskaya tower and St. Basil's cathedral in Moscow on February 3, 2022. - The Kremlin criticised, on February 3, 2022 German regulators for banning the German-language service of Russian state TV network RT. Russian Foreign Minister Sergey Lavrov said reciprocal measures were imminent. (Photo by Alexander NEMENOV / AFP) (Photo by ALEXANDER NEMENOV/AFP via Getty Images) Alexander Nemenov/AFP via Getty Images

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Segments From this episode

Could Russia return to a Soviet-era command economy as Western sanctions tighten?

by Kai Ryssdal and Sean McHenry Mar 9, 2022
Russia has been transitioning to a market economy. But its war on Ukraine and the sanctions that have followed could turn back the clock.

Domestic oil could increase supply, but it won't be cheap — or quick

by Andy Uhler Mar 9, 2022
"The harsh reality for U.S. oil markets is that there is no switch that anyone can flip to suddenly turn on oil production overnight," one expert told us.

Why a gas tax holiday likely wouldn't make a big difference at the pump

by Matt Levin Mar 9, 2022
The savings would average about $100 a year for drivers, and that's assuming all the savings would get passed on to consumers.

Mortgage rates fall as investors take shelter in bonds

by Amy Scott Mar 9, 2022
But analysts say the dip is likely to be temporary.

Donations fortify Ukraine's defense spending

by Lily Jamali Mar 9, 2022
But international money transfers can be tricky. Ukraine is also accepting help in the form of cryptocurrency.

Why do we care about "core" inflation?

by Kai Ryssdal and Andie Corban Mar 9, 2022
The core measure strips out food and energy prices, two of the biggest contributors to inflation today.

Music from the episode

Pink + White Frank Ocean
Good to Me Freddie Joachim
Lowrider Yussef Kamaal
Weary Solange
Like A Star Corinne Bailey Rae
Beat 100 Benny Sings, Marc Rebillet, Mocky, Cola Boyy

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