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Meet the Russian Architect of Putin’s Economic Counterattack

  • Kremlin aide Oreshkin author of key ideas like gas-for-rubles
  • Once seen as westernizers, economists now leading defenses
Maxim Oreshkin and Vladimir Putin in 2019.
Maxim Oreshkin and Vladimir Putin in 2019.Photographer: Mikhail Svetlov/Getty Images

When sanctions made the Fortress Russia he helped build seem less impregnable, Maxim Oreshkin came up with a signature gambit to try and break the economic siege.

Russia’s war on Ukraine wasn’t yet a month old and its blitzkrieg was already turning into a slog. The economic blowback was harsh, too, as the government struggled to avoid a default and the ruble went into in a nosedive.