Not ‘in Tatters’: Why the West Has Failed to Destroy Russia’s Economy

Not ‘in Tatters’: Why the West Has Failed to Destroy Russia’s Economy

Despite Barack Obama’s economic sanctions against Russia, and the plunge in oil prices that King Saud agreed to with Obama’s Secretary of State John Kerry on 11 September 2014, the economic damages that the US and Sauds have aimed against a particular oil-and-gas giant, Russia, have hit mostly elsewhere — at least till now. This has been…

Sanctions Retaliation: Russia Tells US to Cut Embassy Staff, Stop Using Storage Facilities

Sanctions Retaliation: Russia Tells US to Cut Embassy Staff, Stop Using Storage Facilities

Moscow has told the US to reduce the number of its diplomatic staff in Russia to 455 people, and is also halting the use of embassy storage facilities in the capital, according to the Russian Foreign Ministry. The retaliatory move comes after the US Congress approved new sanctions against Russia. “The Russian side is suspending…