April 13, 2022

The Russian sanctions and inflation conundrum

Source: The Washington Post

Journalist: Amber Phillips

The good news for President Biden: Tough Western sanctions against Russia, which he played a major role in putting together, are working to squeeze the Russian economy and could eventually deeply harm Moscow’s ability to continue its invasion of Ukraine.

“Fortress-Russia didn’t sanction-proof the economy, which is on the verge of a default,” said Maria Shagina, a European political risk analyst with the Finnish Institute of International Affairs.

Read the full story and more from The Washington Post.

Author

  • Maria Shagina

    Dr Shagina’s research interests cover economic statecraft, international sanctions and energy politics, with a particular focus on the post-Soviet states. Currently, Dr Shagin...