During the cold war, US and Europe were just as divided over Russia sanctions – here's how it played out
- Written by Kirill Shakhnov, Lecturer in Economics, University of Surrey
It’s impossible to predict how the crisis in Ukraine will progress, but the rupture in relations between Russia and the west is unlikely to heal any time soon. At the very least, trade between these two sides is going to be badly affected for a long time. To get a sense of how the global economy might function in the coming months and years,...