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Despite the punishing financial sanctions, Russia has built "an economy that’s geared for conflict," said Richard Connolly, an expert on the Russian economy at the Royal United Services Institute in Britain.
Western sanctions are dealing a severe blow to Russia's economy. The ruble is plunging, foreign businesses are fleeing and sharply higher prices are in the offing. Familiar products may disappear
Russian currency has fallen spectacularly, which will drive up prices for imported goods when inflation was already running hot at 9%
Western sanctions are dealing a severe blow to Russia's economy. The ruble is plunging, foreign businesses are fleeing and sharply higher prices are in the offing. Familiar products may disappear
Western sanctions are dealing a severe blow to Russia's economy. The ruble is plunging, foreign businesses are fleeing and sharply higher prices are in the offing. Russia's economy will likely