State of the World from NPR cover image

Russia's economy is weathering sanctions, but tough times are ahead

State of the World from NPR

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Introduction

State of ukraine is a special podcast from npr, bringing you the latest news on the crisis in ukraine. Ilia matviev talks to us about russia's economy four months into the war. He says sanctions are devastating and long-term economic prospects are very poor. The strong rouble only reflects fact that importers simply do not need so much foreign currency because they are unable to import goods from the european union or western countries.

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