"Brexit created a problem that cannot be solved, only managed. Both Britain and the European Union are responsible for what happens now."

>"The euro is nearing parity with the U.S. dollar for the first time in 20 years, but currency strategists are divided on whether it will get there."

"The move, if confirmed, would push Russia into its first foreign default in a century."

"Oleg Ustenko & Michael R. Strain about the additional steps Western powers can take to end Russia's war and hold it accountable."

"Russia can export, but it can’t buy what it needs."

"Arvind Subramanian & Josh Felman call on governments to replace their current strategy with collective export restrictions."

“We will bring about the collapse of the Russian economy [...] The economic balance of power is totally in favour of the EU” French Finance Minister, March 1st. 1 month after the Russian economy is "back on its feet" and Europe's is _...Read More_

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"Some truth there tho. Less budget constraints than any other country. Meet their obligations easier than any other by printing money."

>"Sanctions are likely to weaken and ultimately even undermine the Western-controlled global financial architecture that they are meant to defend."

>"Sławomir Sierakowski warns that the country’s reluctance to support Ukraine could open a new political breach in Europe."

"Plus some new long-horizon monetary policy prediction markets and [#NFPguesses](/economics/new/NFPguesses) "

>"Russia is guilty of creating a food security crisis and higher energy prices, but China is also worsening inflation in three areas, said a think tank."

"The bank has also resumed buying back shares and paying dividends. It aims to distribute around €8 billion to shareholders for the years 2021 through 2025."

>"Howard Davies thinks the unprecedented measures against Russia could have far-reaching longer-term consequences."