Andrei Movchan, a London based Russian financial manager, offers his insight and opinions about the effects the economic squeeze is having on Russia, and what it has the potential to achieve
Russian economist, Andre Movchan, speaks with Fox News’ Amy Kellogg about the inability of Russian oligarchs to reign in PutinAndrei Movchan was one of the early post-Soviet bankers but eventually left that world behind. In London now, but still in financial management, he offers his insight and opinions about the effects the economic squeeze is having on Russia, and what it has the potential to achieve.
But the backstory and results of his efforts remain unclear and the very public foray was not without allegations of poisoning swirling around it. And whatever poisoning may have happened was ultimately without grave effect.Movchan still thinks sanctions were a justified and logical step for the West to take but he fears nothing but escalation on Putin's side. "He needs to increase the stakes even further to maintain his power.
Like many, he predicts further witch-hunts and repressions at home. "I don't believe that the situation will change. I don't believe that the war will end soon. I don't believe that the regime will fall. Russians are not ready to make changes with the regime," he says. And he says a West, scared of a new Russia that is emerging,"a frightened, mad Russia" is not sure of how to act further but will do its best to contain this Russia to its borders.
Russian President Vladimir Putin speaks with Roscosmos space agency employees at a rocket assembly factory during his visit to the Vostochny cosmodrome outside the city of Tsiolkovsky, about 200 kilometers from the city of Blagoveshchensk in the far eastern Amur region Tsiolkovsky , Russia, Tuesday, April 12, 2022. Russia on Tuesday marks the 61th anniversary of Gagarin's pioneering mission on April 12 1961, the first human flight to orbit that opened the space era.
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