Russia

Stephen Richter of The Globalist says Germany is “paying dearly” for its dependence on cheap Russian energy.

Europe was already grappling with an energy crisis. The war has made that crisis worse.

When the golden arches opened, Russians marveled at how it differed from local restaurants: friendly service and plastic packaging.

While big energy and financial firms are better defended than they used to be, other critical industries are still vulnerable.

The U.S. could expand tariffs on Chinese goods — but that may raise prices for American consumers.

“The long-term implications are severe,” one expert says, and can scare away foreign investors.

If Russia stops sending natural gas to Europe, it’ll have to send it somewhere else.

Russia’s economy relies on imported tech, like aircraft parts and semiconductors. That leaves it vulnerable as sanctions multiply.

The government says it is mulling the possibility of lifting the fracking suspension to ease the energy crisis caused by the invasion of Ukraine.

Their fates and fortunes are tied closely to Vladimir Putin’s.