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War economy is running hot: “Putin cannot afford to end the war” – Russia’s economy on the verge of collapse?

War economy is running hot: “Putin cannot afford to end the war” – Russia’s economy on the verge of collapse?

So far, Western sanctions have failed to bring the Russian economy to its knees. The war economy is fueling a fragile boom.

Following the invasion of Ukraine, which violated international law, the global West has imposed an unprecedented number of sanctions on Russia. According to the business magazine Forbes More than 20,000 individual measures have been imposed against the giant empire – that is more than against Iran, Syria and North Korea combined.

The punitive measures have not yet had the desired effect. Not only has the Russian economy not collapsed, but the country, which is ruled autocratically by President Putin, has even managed to experience a boom whose growth rates exceed those of all Western economies.

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