Russia’s economy is struggling from sanctions, western officials say. Here’s why – National

Russia’s economy is struggling from sanctions, western officials say. Here’s why – National

Russia’s economy is showing signs of strain amid high inflation and a tightening labour market, which G7 and European officials say is proof that western sanctions over the war in Ukraine are working. The Central Bank of Russia, which is independent from the government, delivered a new warning on Friday. The bank’s governor Elvira Nabiullina … Read more