Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion.
India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak.
Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions.
Sanctions will have a long-term impact on the Russian economy, according to the European Commission.
Nabiullina said the Russian economy was like a car trying to go too fast.
Persons:
Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, “, ”, SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, —, Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely
Organizations:
CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, “, Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency
Locations:
United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing