
Can Russia’s economy survive?
The Real Story
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Russia's Economic Fallout Will Impact the Rest of the World
The price of oil and gas, russia's biggest export, has shot up. As farmers in ukraine abandon fields to fight global food supplies will falter too. Russia only accounts for three % of the global economy but sanctions are hitting a world where prices were already rising. Jacob kirkegarde is a senior fellow at the man marshal fund of the united states. And he's also at the peterson institute for international economics. We're going to swim in these increasingly choppy waters to see for ourselves what's going on.
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