Economic Struggles in Russia Amid Ukraine Conflict

Russia's economy is significantly impacted by ongoing Western sanctions, inflation exceeding 9.5%, and rising prices on basic necessities. Ordinary Russians report spending cuts on entertainment and essential goods, making it increasingly difficult to afford even basic items like eggs and meat. Many cannot make purchases abroad or even book flights using local banks, highlighting the extent of economic isolation. This challenging environment has led to a notable labor market crisis, especially in the IT sector, where skilled professionals are facing deficits, prompting many to leave the country.