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something what our " isolationists" /putin´s useful idiots are never mentioning 
Russia. The loser. Its armies smashed and scattered across the Ukrainian steppe; its elite soldiers dead or dismembered; its traditional energy export markets shuttered, and its economy teetering, flimsy and Potemkin-like on the brink of ruin.
It has been said too rarely that the Western oil price cap on Russian crude is having a real effect, with Urals oil trading at close to a one-third discount to Brent. Few people write about this, but many Global South nations (India, China, and others) are now benefitting hugely by securing cut-price oil, energy, and commodity supplies from Russia. The war is now producing an economic win or benefit for many low-income countries.
Forced to sell its commodities at below market prices at a cost of untold billions of dollars, the war has also sparked a very significant capital flight from Russia (who, after all, would leave their assets anywhere near a kleptocratic Kremlin?)
While higher oil and energy prices bolstered Russia’s trade and fiscal surpluses last year, helping create a current account surplus of $227bn in 2022, there was also a foreign exchange drawdown of close to $50bn, and more than $100bn is estimated to have left the country, excluding deleveraging.
cepa.org
www.uschamber.com
Russia. The loser. Its armies smashed and scattered across the Ukrainian steppe; its elite soldiers dead or dismembered; its traditional energy export markets shuttered, and its economy teetering, flimsy and Potemkin-like on the brink of ruin.
It has been said too rarely that the Western oil price cap on Russian crude is having a real effect, with Urals oil trading at close to a one-third discount to Brent. Few people write about this, but many Global South nations (India, China, and others) are now benefitting hugely by securing cut-price oil, energy, and commodity supplies from Russia. The war is now producing an economic win or benefit for many low-income countries.
Forced to sell its commodities at below market prices at a cost of untold billions of dollars, the war has also sparked a very significant capital flight from Russia (who, after all, would leave their assets anywhere near a kleptocratic Kremlin?)
While higher oil and energy prices bolstered Russia’s trade and fiscal surpluses last year, helping create a current account surplus of $227bn in 2022, there was also a foreign exchange drawdown of close to $50bn, and more than $100bn is estimated to have left the country, excluding deleveraging.
War in Ukraine: Russia the Loser, the US a Winner
Economic fallout from the war in Ukraine has been mixed. Europe & other western countries have diversified energy supplies away from Russia.
- U.S.-Europe trade in goods reached an all-time high of $1.2 trillion (€1.12 trillion.)
- U.S. company affiliates in Europe earned an estimated $325 billion (€303 billion), while European affiliates in the US earned $150 billion (€140 billion), the second highest level ever.
- U.S. exports of liquefied natural gas (LNG) to Europe hit their highest levels ever. U.S. exporters shipped roughly 2.5 times more LNG supplies to Europe in 2022 than in 2021.
Despite Headwinds, The Transatlantic Economy Set New Records in 2022
WASHINGTON, D.C. AND BRUSSELS – A new report from the American Chamber of Commerce to the EU (AmCham EU) and the U.S. Chamber of Commerce highlights that the key drivers of the transatlantic economy – investment, trade and company income – posted strong results again in 2022. Despite the war in...
www.uschamber.com