Sanctions Taking Toll on Russia’s Economy, Washington-Based Think Tank Asserts

List of Global Sanctions Against Russia, Its Impact On Russian Economy and Companies Fleeing the Country. shutterstock

As the West continues to pile economic sanctions on Russia, the debate has raged over how effective the restrictions have been in degrading Russia’s economy and its ability to wage war in Ukraine.

It’s no secret that the Russian economy continues to function, while Moscow’s invasion of Ukraine—now in its 11th month—shows little sign of slowing.