Russia’s economic future could be in its past
Marketplace
An oil shock? In this economy?
President Joe Biden announced a ban on Russian oil imports today, warning American consumers they’ll pay more at the pump. Historically, oil shocks have preceded recessions, but the pandemic may have equipped this economy to better withstand the price jumps. Later, we’ll examine why businesses are closing up shop in Russia and the country’s economic ties to China. Plus: How Americans can make sure their donations to Ukraine count.
0:00
Key Smash Notes In This Episode
No segments available for this episode yet.