Saturday, March 28, 2026

Russia after Putin

 From Paul Gilbert:

Despite Western predictions of Russia’s pending economic collapse, the country appears to be adapting to sanctions imposed by the United States, Great Britain, and European Union. Growing demand for Russian energy imports has helped keep the country’s besieged economy afloat. China and India, Asia’s biggest and third-biggest economies, respectively, have been the biggest drivers of the trend. This includes crude oil, pipeline gas, liquefied natural gas and coal.

According to Fareed Zakaria: “Russia’s performance in the war has been poor, but it is doing better, especially at holding territory. Russia has also been able to stabilize its economy, which the IMF projects will do better this year than the UK’s or Germany’s. Russia is trading freely with such economic behemoths as China, and India, as well as neighbors like Turkey and Iran. Because of these countries and many more, outside of the advanced technology sector, it has access to all the goods and capital it lost through the Western boycott. There is now a huge world economy that does not include the West, and Russia can swim in those waters freely.”

In addition, the Russian ruble has gained against the dollar after collapsing immediately after the Ukraine invasion.

While Putin remains unpopular in the West, his popularity among his own people remains high. In January 2023, over 80 percent of Russians approved of activities of the Russian President Vladimir Putin. The popularity level saw an increase compared to September 2022, when it stood at 77 percent.

Contrary to Western media hype, President Vladimir Putin, now 70, looks remarkably healthy and shows no sign of stepping down any time soon . . . but, “what if” he decided to step down as president, “what if” he was forced from office or “what if” he died in office, who would succeed him? Would Putin repeat Franco’s historic decision, and restore the monarchy in modern day Russia? (Read more.)


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