Vladimir Putin announced in a speech last month that Russia had weathered the worst of the Economic sanctions imposed by Western nations. He said that “gloomy predictions about the Russian economy’s future didn’t come true” and that the sanctions had hit foreign economies much harder than they had hit Russia. He added that “The weaponry of sanctions is a double-edged sword… and European countries had dealt a serious blow to their own economies all on their own.” So are the sanctions on Russia working? Or Is Russia winning the Economic War?

Business Retreats and Sanctions Are Crippling the Russian Economy – Yale University: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193

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