Putin Spokesman Says Russian Economy in ‘Shock’

Putin Spokesman Says Russian Economy in ‘Shock’
Russia's President Vladimir Putin (front) and Kremlin spokesman Dmitry Peskov attend a session of the Council of Heads of the Commonwealth of Independent States (CIS) in Sochi on Oct. 11, 2017. Maxim Shemetov /AFP/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

Russian government officials on Thursday said its economy is in “shock” after heavy sanctions and after a number of Western corporations pulled out of the country in recent days after the Ukraine conflict.

“Our economy is experiencing a shock impact now and there are negative consequences; they will be minimized,” top Kremlin spokesman Dmitry Peskov told reporters on Thursday.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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