Russia’s economy is better than expected, but not out of the woods

People walk past a newly opened Maag store, a former Zara flagship store, in Moscow, Russia, Monday, Aug. 21, 2023. The economy’s resilience in the face of bruising Western sanctions is a major factor behind President Vladimir Putin’s grip on power in Russia.

Russia’s economy is better than expected, but not out of the woods   To what extent do sanctions work when dealing with noncompliant countries? Reports that Russia’s economy is doing better than anticipated two years after the United States and the European Union placed broad sanctions on it have reignited discussions of this topic. The … Read more