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World

Why is Russia’s economy booming despite sanctions?

11 May 2024

4:00 PM

11 May 2024

4:00 PM

Over two years on from the invasion of Ukraine, Russia is the most sanctioned nation in the world. And yet the country’s economy is set to grow faster than any G7 democracy this year. How is this possible?

Back in 2022, Boris Johnson vowed to ‘squeeze Russia from the global economy piece by piece, day by day and week by week’.

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