Putin defies sanctions – will the economy now recover?.. As of: March 12, 2024, 1:48 p.m By: Bona Hyun CommentsPressSplit Russian President Vladimir Putin is trying to distract from economic problems.
Shortly before the Russia election, Putin could benefit from good economic data. The Economist speculates in its latest article that the data is likely to show a leveling off of inflation in Russia. In February 2024, revenue from oil and gas trading rose by more than 80 percent to over $10 billion compared to the same month last year.