JRL NEWSWATCH: “Putin’s Iconoclastic Economics Guru to Lose Kremlin Post [re: Sergei Glazyev]” – Bloomberg/ Evgenia Pismennaya and Stepan Kravchenko

Kremlin and River

“A[ Kremlin] economist [and top Putin advisor] known for challenging Russia’s tight-money policies … is leaving the Kremlin after seven years. Sergei Glazyev will switch to the Eurasian Economic Commission that oversees relations between … Eurasian Economic Union [member states] … Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan … Glazyev alarmed investors … with calls for massive state spending, abandoning the dollar and restoring capital controls to boost economic development. … a[n] advocate … [for] state power to direct growth … in opposition to [more market-oriented] rivals such as … Kudrin …. Glazyev … is under U.S. and [EU] sanctions for his role in the 2014 annexation of Crimea from Ukraine. He suggested … cryptocurrencies could be a way for Russian banks to avoid … sanctions … [and] a method … [for]the state … to buy ‘sensitive’ services around the world. …”

Click here for: “Putin’s Iconoclastic Economics Guru to Lose Kremlin Post [re: Sergei Glazyev]” – Bloomberg/ Evgenia Pismennaya and Stepan Kravchenko


 

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