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Tag: russian economy

Russian economic prospects ‘foggy’ as sanctions cut deep
Economy

Russian economic prospects ‘foggy’ as sanctions cut deep

April 6, 2023April 6, 2023

The resilience of Russia’s financial system has stunned many observers over the previous 12 months as Moscow adjusts to unprecedented Western sanctions over its assault

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Russia’s economy weathers sanctions but tougher tests await Putin
Economy

Russia’s economy weathers sanctions but tougher tests await Putin

March 13, 2023March 13, 2023

After a 12 months of far-reaching sanctions aimed toward degrading Moscow’s warfare chest, financial life for atypical Russians would not look all that totally different

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US’ Yellen says sanctions hurt Russia, G-7 discusses measures
Economy

US’ Yellen says sanctions hurt Russia, G-7 discusses measures

February 23, 2023

U.S. Treasury Secretary Janet Yellen stated Thursday that sanctions have been hurting Russia, as she and different G-7 finance chiefs mentioned additional measures on the

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Western sanctions yet to deliver ‘knockout’ to Russia’s economy
Economy

Western sanctions yet to deliver ‘knockout’ to Russia’s economy

February 22, 2023February 22, 2023

One month into the invasion of Ukraine, President Joe Biden stood within the courtyard of a grand Polish fort and laid out the punishing financial

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