The Unraveling of Russia's Economy and the Limits of Sanctions

1 min read
Source: The Wall Street Journal
The Unraveling of Russia's Economy and the Limits of Sanctions
Photo: The Wall Street Journal
TL;DR Summary

Russia's economy is facing a long-term shift to a lower-growth trajectory due to the ongoing war in Ukraine and Western sanctions. The increase in oil and natural gas prices that brought a windfall for Moscow during the opening months of the invasion is over, and the government revenue is being squeezed.

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