Attention Economy


Wednesday, June 1, 2022

Economic Sanctions - Unintended Consequences

Europe’s Russian Oil Ban Could Mean a New World Order for Energy
https://www.nytimes.com/2022/06/01/business/energy-environment/europe-russia-oil-global-energy.html
The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies. 

European scramble for energy comes at Asia's expense
https://asia.nikkei.com/Opinion/European-scramble-for-energy-comes-at-Asia-s-expense
EU moves to wean itself off Russian oil and gas is creating a self-defeating trap
 
Russia’s Economy Is Tanking—but the Ruble Is Soaring
https://www.wsj.com/articles/russias-economy-is-tankingbut-the-ruble-is-soaring-11653559916
Russia’s central bank lowers interest rates, making holding rubles less attractive