Asian Spectator

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Empire building has always come at an economic cost for Russia – from the days of the czars to Putin's Ukraine invasion

  • Written by Christopher A. Hartwell, Professor of International Business Policy, ZHAW School of Management and Law
Empire building has always come at an economic cost for Russia – from the days of the czars to Putin's Ukraine invasionThe Russian economy: A Potemkin village?Getty Images

President Vladimir Putin’s invasion of Ukraine has come at huge economic costs. By conservative estimates, the Russian economy has taken a US$67 billion annual hit as a result of war expenses and the effects of economic sanctions. In the early stages of the invasion, some analysts put the...

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  4. This engineering course has students use their brainwaves to create performing art
  5. Gaza depends on UN and other global aid groups for food, medicine and basic services – Israel-Hamas war means nothing is getting in
  6. Intelligence failure or not, the Israeli military was unprepared to respond to Hamas' surprise attack
  7. Philadelphia bans supervised injection sites – evidence suggests keeping drug users on the street could do more harm than good
  8. Horseshoe crab blood is vital for testing intravenous drugs, but new synthetic alternatives could mean pharma won't bleed this unique species dry
  9. How Chicana women artists have often used the figure of the Virgin of Guadalupe for political messages
  10. Vaccines against COVID-19, the seasonal flu and RSV are our best chance of preventing a winter surge

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