Russia’s Economy Is Starting to Come Undone
Russia,Economy And Jobs,Ukraine War,Sanctions,World,Trade,Energy
From the Center
AllSides Media Bias Rating: Center
The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those days are over.
As the war continues into its second year and Western sanctions bite harder, Russia’s government revenue is being squeezed and its economy has shifted to a lower-growth trajectory, likely for the long term.
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