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Tees and sees apply.

Soul traders or limited company directors in the world. I'm John Bachelor. Michael Berenstam of the

Hoover Institution joins me to look very carefully at the Russian economy under severe sanctions in an election

cycle. Remember Vladimir Putin running unopposed within these next days.

London reporting Chinese trade rebounds on electronics and exports to Russia.

Foreign Minister Hale's new paradigm in relations with Moscow as trade picks up.

Michael, you don't need to say anything.

You said this was happening six months ago, a year ago,

that China was offering its ability to be the middleman,

but not really China only. All the middlemen, not really China only all the middlemen all the entrepreneurs

of the great silk road are reborn in the 21st century China's doing very well

and to my understanding no sanctions can stop this.

Good evening to you Michael.

Good evening to you and the world of the 21st century is seen two opposite forces.

One is sanctions and another is globalization. And so Western countries

...