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Ukrainians battle Putin and general Winter
Ukrainians Battle Putin and General Winter | GZERO World
December 28, 2022
As Ukrainian forces continue to reclaim land, Putin has targeted the country's energy infrastructure and enlisted an old Russian ally: the Winter.
But even as air raid sirens wail over a blacked-out city, Iryna B, a young translator in Kyiv, tells GZERO that the Kremlin can't freeze over her country's fighting spirit.
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On the GZERO World Podcast, Ian Bremmer sits down with Harvard economist and former IMF Deputy Managing Director Gita Gopinath to unpack how the conflict is rippling through the global economy. As oil and gas prices surge, inflation is climbing, adding new costs for households and businesses and putting pressure on growth worldwide.
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The revenue generated by Russia’s main oil tax in April amid the Iran war, per Reuters calculations. The amount is double last month’s revenue, and up by 10% from this time last year.
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The Iran war has pushed Brent crude prices to $100 per barrel, up from around $70 before the conflict began.
For sixteen years, Prime Minister Viktor Orban has won every fight: four consecutive parliamentary supermajorities for his party, Fidesz; a constitution rewritten to his specifications; courts, media, and oligarchs brought to heel.
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