Article published: Jun 27, 2014 – out of date: no longer suitable for your IB Economics commentary
IB Economics syllabus: Section 3, International economics
Russia is slowly “cut off from global finance.” Or is it? Well, Europe is careful with sanctions as it is tied to Russia with a million bonds, but indeed, there are quite a few signs that the Russian economy is struggling (see another, more current article here). A good article if you are looking for protectionism, trade barriers, economic sanctions or monetary policy.
IB economics commentary article.
Source of photograph: Yuri Kadobnov/AFP via Getty Images