Emerging Insights

As the war in Ukraine persists, western multinational companies operating in Russia find themselves in an increasingly intricate and expensive business landscape. Despite promises to minimize their Russian exposure following the country's full-scale invasion of Ukraine, many companies remain entangled in a web of sanctions, countermeasures, and legal battles. This analysis explores the challenges faced by these multinationals and the consequences of their continued presence i

Russia’s Remarkable Recovery The IMF year’s world economic outlook forecasted the Russian economy grew 2.6% in 2024 , double expectations and faster than all G7 economies for the second year in a row. The figures show how the Western-led sanctions regime has successfully severed the link between Russia and the West but failed to substantially degrade the economy or change Moscow’s behavior in the wake of the 2022 invasion of Ukraine. Such unexpected growth comes despite capit

Russia's robust oil trade, a significant source of revenue since Western sanctions, faces a critical juncture due to challenges...