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A new world order? | Why Russia’s economy won’t stop the war
Was this the week that shattered the western alliance? Not so fast, says Group Chief Economist Neil Shearing. Despite the strains of a Trump presidency, deep economic dependencies on the US suggest that talk of a new international order is overblown. Neil cuts through the Davos rhetoric to explain the reality of the current global macro landscape.
Later in the show, as the fourth anniversary of the invasion of Ukraine approaches, Senior EM Economist Liam Peach explains what many get wrong about Russia’s economy. He explores how initial resilience has finally given way to weakness, but also…
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