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Despite all of Putin’s bluster the Kremlin was very keen to avoid being hit by additional sanctions. (Photo: kremlin.ru)

Crude World

The Kremlin's money problems

At a summit of the BRICS nations in India on 17 October, Russian president Vladimir Putin defiantly stated that Western powers could “screw themselves” over the threat of more sanctions against his country.

Earlier the US and the UK had threatened to slap additional measures on Russia over its relentless bombardment of the Syrian city of Aleppo. Putin is eager to show to the world that sanctions have little impact on his country and that the West is primarily scoring an own goal by hol...

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The views expressed in this opinion piece are the author’s, not those of EUobserver
Despite all of Putin’s bluster the Kremlin was very keen to avoid being hit by additional sanctions. (Photo: kremlin.ru)

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