[HIGHLIGHTS] Russia in “early stage” of economic decline – This is how effective Western sanctions are

Russia in “early stage” of economic decline – This is how effective Western sanctions are. As of: February 24, 2024, 4:45 a.m By: Lars-Eric Nievelstein CommentsPressSplit The West has imposed sanctions on Russia for almost two years.

Figures recently emerged showing that the Russian economy was surprisingly resilient. London experts still predict a crash. The key to current economic growth is the military complex. Massive spending in the defense industry drives the economy. Other sectors, like the technology sector or education, fall behind.