Russian President Vladimir Putin.Gavriil Grigorov/Sputnik, Kremlin Pool Photo via AP
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Russia’s economy is going from bad to worse as Western sanctions hammer the country’s key sectors.
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From slumping car sales to a plunging Russia ruble, the problems Russia faces keep on growing.
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Here are key signs showing how Moscow’s economy is spiraling.
Russia’s economy just keeps getting worse – and there are plenty of ways to show that.
From plunging car sales to a dramatic collapse in its current-account surplus, there’s no way to hide Moscow’s troubles.
The country’s economic woes have multiplied since its invasion of Ukraine early last year. The conflict has triggered a wave of sanctions from the Western world. Some have even blamed Russian President Vladimir Putin for inflicting so much pain on the nation, with Yale researchers saying he’s “cannibalizing” Russia’s economy in his urge to conquer Ukraine.
“The lion’s share of the economy is…
