Russia avoided sovereign default, but at a high cost.

Russia avoided sovereign default, but at a high cost.
By weaponising gas exports, Putin is digging the grave of Russia’s economy.
There are ways to make sure Russia pays for the damage it inflicts on Ukraine and its economy.
We are not witnessing the dawn of a new post-dollar world.
Putin appears to be working to transform Russia’s autocratic market economy into an autarkic command one.
Sanctions failed to deter Putin from attacking Ukraine; can they now help facilitate peace?
If Putin does not change course – and fast – Russia may find itself in an economic catastrophe akin to that of 1918.
Putin’s latest attack on Ukraine will be costly for the West on multiple fronts.