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In August 2008, United States-Russia bilateral relations became further strained, when Russia and Georgia fought a five-day war over the Russian-backed self-proclaimed republics of South Ossetia and Abkhazia. President Bush said to Russia, "Bullying and intimidation are not acceptable ways to conduct foreign policy in the 21st century." [64]
The US could further tighten sanctions on Russian energy exports. The global oil market is well supplied, with low prices and reduced demand. The US Treasury secretary said this presented an ...
The US has also argued to allies that because Russia’s invasion has upended the international order, they have the right to engage in such countermeasures even though they are not directly at ...
The Russian economy looks unable to sustain President Vladimir Putin’s war on Ukraine past next year, but an end to the fighting could also pose an existential threat to his regime, according to ...
On 24 February 2022, Russia launched a large-scale invasion, prompting the imposition of substantial economic and political sanctions by the EU, the UK, the US, Canada, and other countries. The Russian government has a specified " Unfriendly Countries List " which indicates those countries with which relations are now strained (or non-existent).
Kazakhstani-Russian relations have been strained at times by Astana's military and economic cooperation with the United States as well as negotiations over Russia's continued use of the Baikonur Cosmodrome, however the two nations retain high-level military and economic cooperation perhaps second among former Soviet states only to that between ...
The inflationary pressures on the Russian economy remain high, despite the Russian Central Bank setting an interest rate of 18%. An annualized rate of price increases from May to July stands at 10 ...
The Council's mission is to expand the U.S.–Russian commercial relationship. Guided by member interests, the Council lobbies for an economic environment in which businesses can succeed in a challenging Russian market. It contributes to the stability and development of a free market in Russia and supports its integration into the global economy.