Guyanese Online

Russia’s President Vladimir Putin

VIEWPOINT: The World Economy No Longer Needs Russia

With alternative sources in place, Putin’s attempt at blackmailing Europe on energy has failed.

By Jeffrey Sonnenfeld, the Lester Crown professor in management practice and a senior associate dean at the Yale School of Management, and Steven Tian, the director of research at the Yale Chief Executive Leadership Institute. | Foreign Policy

For much of the past year, and since his invasion of Ukraine last February, Russian President Vladimir Putin has been riding high on his supposed energy omnipotence, holding the global economy hostage to his whims. Since last summer, Putin has choked off natural gas supplies to Europe, hoping that Europeans, shivering and without heat during the winter, would turn on their leaders and make it politically infeasible to continue support for Ukraine.               Continue reading →