Russia Begins to Feel Pressure on Economy From Sanctions from the New York Times
"American and European sanctions rattled Russia’s economy on Friday, with Moscow’s stock indexes opening sharply lower and rating agencies threatening to reduce the country’s creditworthiness."
It will be interesting to see how fast the west's sanctions regime impacts the Russian economy and key actors and sectors within it. It's one thing to target relatively inconsequential economic players such as North Korea or even Iran. Russia is a HUGE economic fish in its own right -- but, as we've been tracking here, it has a lot of economic vulnerabilities!
"American and European sanctions rattled Russia’s economy on Friday, with Moscow’s stock indexes opening sharply lower and rating agencies threatening to reduce the country’s creditworthiness."
It will be interesting to see how fast the west's sanctions regime impacts the Russian economy and key actors and sectors within it. It's one thing to target relatively inconsequential economic players such as North Korea or even Iran. Russia is a HUGE economic fish in its own right -- but, as we've been tracking here, it has a lot of economic vulnerabilities!
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