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Western sanctions are severely hurting the Russian economy, expert says (russiapost.info)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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The Russian government is increasingly short on funds while lacking access to foreign investment, according to Vladimir Milov, vice president of the Free Russia Foundation. In addition, he argues that Russia cannot substitute the critically important Western technologies and equipment needed to develop its manufacturing capabilities.

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[–] [email protected] -1 points 1 year ago

War comes to Russian business after drones strike Moscow’s financial centre

Economic sanctions have been the biggest headache for Russia’s business elite since the start of the war in Ukraine, but a drone strike in the heart of Moscow’s financial district is forcing companies to think about their employees’ safety.