Russian Roulette

Loading player...
8 Days ago, with bombardments of artillery, heavy equipment and small arms, Russian troops launched attacks from Ukraine’s northern border with Belarus, across its eastern frontier with Russia, and in the south from Crimea, the Ukrainian peninsula Russia invaded and annexed in 2014.
Vladimir Putin’s full-scale military invasion of Ukraine, what could be the largest conflict in Europe since the second world war, has sent oil prices soaring and crashed the Russian stock market and tanked the ruble.

Last night we saw an overwhelming vote at the UN General Assembly to condemn the Russian invasion of Ukraine: 141 in favour; 5 against; 35 abstaining. South Africa, on embarrassingly flimsy diplomatic grounds is among those that abstained.
And one overriding question remains speculated about more than most. What is Putin’s end game here in a war he seemingly cannot win?

To ponder on that for a while and the broader market and economic implications Michael Avery is joined by Brooks Spector, who settled in Johannesburg after a career as a US diplomat in Africa and East Asia and Peter Little, Fund Management, Anchor Capital
3 Mar 2022 4AM English South Africa Business · Business News

Other recent episodes

The Big Idea - 07 Dec 2023

Currency devaluations, coups and green hydrogen potential are factors that have been identified by Oxford Economics Africa as trends to watch on the continent next year. Jacques Nel, Head of Africa Macro at Oxford Economics Africa joined Business Day for more insight into the group's watchlist for the continent as…
7 Dec 2023 5AM 19 min

Listen! 2024: What to watch in Africa in 2024

Currency devaluations, coups and green hydrogen potential are factors that have been identified by Oxford Economics Africa as trends to watch on the continent next year. Jacques Nel, Head of Africa Macro at Oxford Economics Africa joined Business Day for more insight into the group's watchlist for the continent as…
7 Dec 2023 5AM 7 min

Listen! Construction industry returns to growth in Q3

Construction activity has picked up in the third quarter, according to the Afrimat Construction Index which sits at a 7-year high of 131.5 points. Business Day TV unpacked the index in greater detail with Independent Analyst, Roelof Botha.
7 Dec 2023 5AM 7 min

Listen! Is Naspers finally done burning through cash?

Naspers, having weathered a decade of questionable investments, strategic shifts and substantial losses is now showing signs of a positive turnaround, according to Financial Mail's Ann Crotty. Business Day TV discussed this in more detail with Crotty.
7 Dec 2023 5AM 7 min

Listen! The state of the airline industry

As the aviation industry continues to soar post the 2020 Covid-19 hit, analysts aren't expecting a slowdown anytime soon. According to research by the International Air Transport Association, the sector's net profit is expected to climb by 3.8% to $25.7 billion in 2024. Business Day TV caught up with Rene…
6 Dec 2023 7AM 10 min