Russia’s economy is being “catastrophically” crippled by Western sanctions according to experts, despite Vladimir Putin’s efforts to hide the damage.

Analysts at Yale looking at “private Russian language and unconventional data sources” say imports have “collapsed” and domestic production “has come to a complete standstill”.

Russia has lost companies representing around two-fifths of its GDP amid an exodus of Western businesses, they claim, undoing about three decades of foreign investment.

The pressures are tipping Mr Putin into “unsustainable, dramatic” fiscal and monetary interventions, the report says, claiming “Kremlin finances are in much, much more dire straits than conventionally understood”.

The report, from Yale’s Chief Executive Leadership Institute, describes itself as “one of the first comprehensive economic analyses” of how Russia’s economy is faring five months on from the invasion of Ukraine.

It belies claims that the West, where many countries are grappling with surging inflation spurred by the conflict, is coming off worse than Russia in the war of economic attrition unleashed by unprecedented sanctions.

Analysts, led by Professor Jeffrey Sonnenfeld, said Russia is much more economically damaged than many in the West realise. The Kremlin has curbed the number of official data releases it produces since the invasion and subsequent backlash in a bid to cover up the impact.

“Since the invasion, the Kremlin’s economic releases have become increasingly cherry-picked, selectively tossing out unfavourable metrics while releasing only those that are more favourable,” the analysts wrote.

“These Putin-selected statistics are then carelessly trumpeted across media and used by reams of well-meaning but careless experts in building out forecasts which are excessively, unrealistically favourable to the Kremlin.”

The analysis examined a range of data from outside of the Kremlin’s influence, including non-public analyses by investment banks, high-frequency data, releases from international partners and Russian documents.

[b]It found the retreat of more than 1,000 companies from Russia had knocked out revenues and investments exceeding $600bn, about 40pc of Russian GDP. [/b]Analysts said these exits may not have an immediate impact but would force Russia into a “dramatic, forced” economic transformation. The companies also had around a million local staff.

“The findings of our comprehensive economic analysis of Russia are powerful and indisputable: not only have sanctions and the business retreat worked, they have thoroughly crippled the Russian economy at every level,” they said.

https://uk.yahoo.com/news/russian-economy-crippled-every-level-111232841.html

The same expert told us Iraq had weapons of mass destruction lol.

Kingsnairaland:
The same expert told us Iraq had weapons of mass destruction lol.

Did you attend School at all? What is the business relationship between this and Iraq?

the same expert that says Russia artillery will finish in one month .. ??
next rubbish please

This is what we call consolation news

DannyFX2638:
the same expert that says Russia artillery will finish in one month .. ??

next rubbish please

Same experts said Russia will invade Ukraine but Putin doubted himself.
Same experts said Putin can't take over Ukraine but Putin also doubted, same experts said that Putin will be at Focussing on donbass if he founds out taking over Ukraine will be more impossible as tot.
ETC

EVEN PUTIN HIMSELF KNOWS HOW DEEP HIS ECONOMY IS EATEN , BUT PUTARDS ARE KNOWN AS LOVERS OF LIES

DannyFX2638:
the same expert that says Russia artillery will finish in one month .. ??

next rubbish please

are they still firing ? Why did it take them almost two months to take severedonesk?

DannyFX2638:
This is what we call consolation news

I swear

Only a fool will believe any news from USA sites now

USA and Russia are at war

leofab:
are they still firing ? Why did it take them almost two months to take severedonesk?

They fire *50 of what Ukraine do

With all indication Russia's economy is crippling from all angles...Thanks to the US and the EU for their sanctions.Putin bots wouldn't believe this because it does not feed their emotion or satisfy their imagination.China is next..When we finally cripple these two countries we will remain the world power forever.

VictorUSA:
With all indication Russia's economy is crippling from all angles...Thanks to the US and the EU for their sanctions.Putin bots wouldn't believe this because it does not feed their emotion or satisfy their imagination.China is next..When we finally cripple these two countries we will remain the world power forever.

With the American economy in recession?

atmy1:


With the American economy in recession?

This is not the first time American economy is in recession..They were in recession in 2008 but still emerged top and now stronger.Take a cold drink and watch as the US unfold things.

This ukrop western slave is very funny

leofab:
are they still firing ? Why did it take them almost two months to take severedonesk?

same way it took USA 20years without taking 1 plot of land Afghanistan

ken6488:
They fire *50 of what Ukraine do

unguided ussr-era ammunition.

DannyFX2638:
same way it took USA 20years without taking 1 plot of land Afghanistan

you are funny.. peacekeeping is different from land grabbing..

leofab:
unguided ussr-era ammunition.

Does they hit there target yes or no

Another Igbofam spotted.

leofab:
you are funny.. peacekeeping is different from land grabbing..

you want to know the real meaning of land grabbing You can ask UK that is Dragging the Argentina land ..
can you imagine the distance?? now that's land grabbing

ken6488:
Does they hit there target yes or no

one in every one thousand fired

DannyFX2638:
you want to know the real meaning of land grabbing You can ask UK that is Dragging the Argentina land ..
can you imagine the distance?? now that's land grabbing

uninhabited island

Britishnaija is a scammer operating from Lagos,he is also jimetagambo and gambojimeta

American are used to propaganda