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Keyword: failedsanctionswar

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  • How Russia Won the Sanctions War With the West | Opinion

    01/19/2024 10:30:04 AM PST · by Kazan · 47 replies
    Newsweek ^ | Newsweek | By Michael Gfoeller and David H. Rundell
    It is now abundantly clear that Russia has defeated the Western sanctions regime that was intended to cripple its economy and force its withdrawal from Ukraine. Instead of collapsing, the Russian economy is growing rapidly. Russia's GDP grew by an impressive 5.5 percent in the third quarter of 2023. Russian GDP growth for all of 2023 should exceed 3 percent. Ironically, the Russians are doing rather better than those who imposed sanctions on them. In 2023, the U.S. economy grew by 2.4 percent while the German economy shrank, and the EU as a whole grew by less than 1 percent....