scroll to top arrow or icon

{{ subpage.title }}

Russian President Vladimir Putin


Russia’s economy (finally) feels the burn of sanctions

It took a little while, but Russia’s economy is finally starting to unravel thanks to hard-hitting Western sanctions, according to a new Wall Street Journal report.

For much of the past year, there has been a seeming disconnect between the state of Russia’s economy and the scope of punitive measures imposed on Moscow by the US and its allies. But the slow burn of sanctions – many of which only came into force over the past few months after lengthy negotiations among allies – is now finally being felt by the Russian economy.

Read moreShow less

Subscribe to our free newsletter, GZERO Daily