Eco from here eco from elsewhere

Is Russia really on the brink of financial abyss?

Russian President Vladimir Putin, during his televised address, February 21, 2022. © Kremlin

By: Bruno Faure Follow

1 min

"Economic blitzkrieg" (economic blitzkrieg): the expression used by the Russian president, referring to Nazi Germany's offensive during the Second World War, made an impression.

By denouncing the massive sanctions taken against his country, Vladimir Putin also expresses his confidence in the solidity of its economy and its financial system. 

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Will Russia be able to avoid the payment default promised by many economists?

With the ruble losing much of its value, are Western sanctions already paying off?

What will China do?

For what monetary implications?

What room for maneuver does Moscow have?

Éco d'ici, Éco d'ailleurs receives the macro-economist

Michel Santi

, specialist in financial markets, author of several articles on the economic consequences of the war in Ukraine.

Also follow the analysis of

Serguei Guriev

, Russian economist, professor at Sciences-Po Paris, collected by Jan Vandermade of the English editorial staff of RFI. 

INTERVIEW WITH SERGEI GURIEV

In the second part of the show, we will hear

Moussa Elias Farakhan

, president of the Single Employers' Confederation of Small and Medium Enterprises of Côte d'Ivoire.

He expressed two areas of concern: financing by banks and tax issues, in connection with the implementation of the ZLECAF. 

INTERVIEW WITH MOUSSA ELIAS FARAKHAN

Finally, in the last part, a long interview with

Makhtar Diop

, Managing Director of the International Finance Corporation, the branch of the World Bank dedicated to the private sector in developing countries.

At the microphone of Olivier Rogez and Charlotte Cosset, he details the actions and strategy of this organization responsible for financing companies facing bottlenecks in world trade. 

INTERVIEW WITH MAKHTAR DIOP

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  • Russia

  • finance

  • Economy

  • Economic crisis

  • Ivory Coast

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