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Russia is the world’s most heavily sanctioned country, but the measures have failed to deliver the economic ‘knock out’ Western nations hoped for.

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/no-economic-knockout-yet-from-wests-sanctions-on-russia/"></div>WASHINGTON (AP) — One month into the invasion of Ukraine, President Joe Biden stood in the courtyard of a grand Polish castle and laid out the punishing economic costs that the U.S. and its allies were inflicting on Vladimir Putin’s Russia, declaring that the ruble is almost immediately “reduced to rubble.” Russia is now the […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- ...

One month into the invasion of Ukraine, President Joe Biden declared that sanctions against Russia had rendered the ruble almost immediately “to rubble.”

No economic 'knockout' yet from West's sanctions on Russia | 2023-02-22 13:04:01

WASHINGTON (AP) — One month into the invasion of Ukraine, President Joe Biden stood in the courtyard of a grand Polish castle and laid out the punishing economic costs that the U.S. and its allies were inflicting on Vladimir Putin's Russia, declaring that the ruble is almost immediately “reduced to rubble.”