Tuesday, 28th March 2023
<To guardian.ng
Search

Has Russia’s economy withstood Western sanctions?

By France24
23 February 2023   |   5:46 am
Vladimir Putin claims the Russian economy has withstood Western sanctions, as he prepares to mark one year since the invasion of Ukraine. While Russia's GDP has contracted less than many analysts expected, Beata Javorcik of the EBRD explains that's largely the result of years of "sanctions-proofing", and doesn't mean that households and businesses aren't suffering.

Related

31 Oct
Streets were quiet in the normally bustling heart of Accra's central business district on Wednesday as traders in the Ghanaian capital closed their shops to protest worsening economic conditions.
7 Nov
In the eastern Congo, a powerful armed group controls lucrative gold mines. DW’s Mariel Mueller is the first international journalist who got access. She speaks with miners who are forced to pay 'tax' to the Mai-Mai Yakutumba and with survivors of its brutal attacks.
7 Nov
In the eastern Congo, a powerful armed group controls lucrative gold mines. DW’s Mariel Mueller is the first international journalist who got access. She speaks with miners who are forced to pay 'tax' to the Mai-Mai Yakutumba and with survivors of its brutal attacks.
10 Nov
Ahead of the Chinese Communist Party congress, China is tightening its already strict coronavirus rules. Entire sectors, including tourism, are suffering. And people are increasingly voicing their frustration.
19 Nov
The U.S. economy is “headed for a hard landing,” UBS economists say in a report, noting that, “Household spending has been weak. Households are running down savings. Credit card balances are rising. Goods spending remains very elevated.
17 Nov
Germany has upped its ambitions on a global green hydrogen scheme. The fuel has been touted as a solution to help slash CO2 emissions. What is the hype all about?
21 Nov
This week, we're focusing on Qatar and asking what the economic impact of hosting the FIFA World Cup could be. Can this be a transformative event for the gas-dependent country? Or will it be a financial abyss worth an estimated $200 billion? We ask Alexis Antoniades, an economics professor at Georgetown University’s campus in Qatar.
12 Dec
In its first space mission, Japanese company ispace Inc. has built the lander that is carrying the United Arab Emirates' Moon rover, as well as other payloads for government agencies from the US, Canada and Japan. Created over a decade ago, it could be the first private company to land on the Moon's surface.
17 Jan
Germany managed to stave off a full recession in 2022, with the economy performing better than expected. Although Russia's war in Ukraine and high energy prices slowed growth, the economy "managed to perform well."
19 Jan
Afghanistan, Ukraine and much further afield: The fight for women's rights is ongoing and business has a role to play. Natalia Kanem, executive director of the UN's Population Fund, speaks to DW at the WEF.
23 Jan
Following years of political and economic crises, Lebanon's population structure has changed, and not for the better. Experts believe that the structural inequality will only widen in future.
5 Feb
Almost all European chambers of commerce remain active in Myanmar nearly two years on from a military coup that ousted a democratically-elected government and sparked a civil war.