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.