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End of globalization for Russia
Russia’s Invasion of Ukraine Marks the End of Globalization for Russia | World In :60 | GZERO Media

End of globalization for Russia

Who poisoned Russian oligarch Roman Abramovich? Does Russia's invasion of Ukraine mark the end of globalization? Will Shanghai's lockdown begin to shift China away from its zero-COVID policy? Ian Bremmer shares his insights on global politics this week on World In :60.

First, who poisoned Russian oligarch Roman Abramovich?

Yeah, it's quite a story involved in the Russia-Ukrainian negotiations, and apparently claimed that he was poisoned. And it's interesting, he is, of course, a very well-known Russian oligarch. He's made his billions of dollars, purely because of the support and alignment with President Putin. And he has been fairly public in his concern with opposition to the war. Indeed, one of the reasons why some of the sanctions have been more limited against him than they would've been is because Zelensky, the Ukrainian President, reached out to the Biden administration and said, "This guy's actually being useful to us, and so it would be, you don't want to hit him too hard." And clearly, the Kremlin is angry about that. And so, I have no intelligence at all about who would've been responsible for his poisoning, but if it happened, the list from the Kremlin would be as long as my arm.

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A Belarusian soldier during a shooting exercise.

EYEPRESS via Reuters Connect

What We’re Watching: War spillovers, Biden bolstering allies, Modi’s free-trade rethink, Russian defection

Ukraine war spillover

As President Joe Biden meets with EU and NATO leaders this week, they’ll be talking about how best to prevent the war in Ukraine from spilling across borders. But Russia’s President Vladimir Putin will have much to say about that, particularly as he tries to punish Ukraine’s Western backers for making the Russian military’s job in Ukraine much tougher and for waging war on Russia’s economy via sanctions. On Wednesday, Putin announced that “unfriendly countries” that want to buy Russian natural gas must pay for it in rubles. That would force Europeans hungry for Russian energy to boost Russia’s sagging currency, which would help Putin finance his war in Ukraine. There is already much behind-the-scenes discussion in Europe on how to avoid that problem.

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The Graphic Truth: What does Roman Abramovich own?

Of all the Russian oligarchs facing Western sanctions over the Kremlin’s invasion of Ukraine, one name stands out: Roman Abramovich. The owner of Chelsea FC soccer club used to be one of the world’s richest men, but recently he’s seen his net worth slashed by almost a third to about $8 billion and had most of his assets frozen. We take a look at all the nice things Abramovich has — but can’t touch while sanctions remain in place.

Footage released by Ukraine's defense ministry allegedly shows a convoy of Russian military vehicles near Kherson.


Russia takes its first big prize

Russian forces on Wednesday captured their first city since the invasion began, taking control of Kherson. Holding the southern city creates a fresh bridgehead for Putin’s armies to advance north on strategic areas in central Ukraine. Home to 290,000 people, Kherson under Russian military administration could also set the tone for how a wider occupation might go. Fierce fighting continues, meanwhile, around Kharkiv and Kyiv.

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