ACN Business

How Putin has shrugged off unprecedented economic sanctions over Russia's war in Ukraine – for now

Written by Peter Rutland, Professor of Government, Wesleyan University

Putin has survived with a little help from his friends. Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP

The U.S. and four dozen other countries have imposed punishing sanctions on Russia in reaction to its invasion of Ukraine on Feb. 24, 2022. The sanctions were unprecedented in their scope and severity for an economy of Russia’s size.

The...

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