For Whom The Bell Tolls, Really The Impact Of The Sanctions Against RussiaGuest Post
For Whom The Bell Tolls, Really The Impact Of The Sanctions Against Russia by Dr. Dan Steinbock, Difference Group
The sanctions against Russia are working; but not for Russia, Ukraine, the EU, or even the US.
In the 2nd quarter, Russia’s GDP contracted 4.6 percent from a year earlier, following a 2.2 percent contraction in the 1st quarter. A severe contraction was expected after the selloff in oil, currency crisis and the consequent plunge of consumer demand. But the plunge was worse than anticipated and . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible