Russia’s Economy Shrinks 2.7% Due To Western Sanctions ...Middle East

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Russia’s Economy Shrinks 2.7% Due To Western Sanctions
source : OILPRICE ( Middle East ) () 16
Western sanctions against Russia have been "very effective" in cutting off Russia's war machine, a U.S. official asserted, amid growing questions about Moscow's ability to circumvent the measures. In an interview with RFE/RL, Robin Dunnigan, a deputy assistant U.S. secretary of state, said the economic sanctions imposed after Russia invaded Ukraine in February 2022 were putting pressure on Moscow, and "we will see the results of that in the coming months and years." Russia's economy has been squeezed by the Western sanctions, contracting around…

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