Boom Bust: Russian trade shifting to China as sanctions start
As Western nations continue to hit Russia with sanctions in the wake of its recognition of the Donbass republics, the nation has begun to look east to bolster its trade. We’ll discuss the growing economic bond between Russia and China. And the Kremlin’s move has shaken global markets, which have slumped since Russia’s announcement. We’ll break down the tremors ringing through markets. But it’s not just stocks taking a dive on the Donbass recognition – Bitcoin has taken a beating as well, as its price is still sitting below 40,000.