Russia's Economy Booms As Ukraine Grapples With Debt: Why West’s Sanctions Failed To Cripple Russia
In the midst of ongoing conflict with Ukraine, Russia has defied expectations with a significant economic surge, prompting questions about the effectiveness of Western sanctions. Despite facing international economic restrictions, Russia's GDP has shown resilience, bolstered by gains in sectors like trade, finance, and construction. Meanwhile, Ukraine faces a dire economic outlook, grappling with a shrinking GDP and mounting debt challenges despite substantial Western aid.
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