The state of Russia’s economy as Putin meets Trump
Hello! Welcome to your weekly guide to the Russian economy, written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. As Vladimir Putin and Donald Trump meet in Alaska, we take stock of how the Russian economy is faring after three-and-a-half years of war, and the impact of any possible sanctions relief.
No boom, no bust: Russia’s economy stutters along
Heading into the summit in Alaska, presidents Vladimir Putin and Donald Trump have very different assessments of the health of the Russian economy. The US leader has said it is “not doing well right now,” while Putin has hailed stability and the “return to balanced growth.” Both are wrong. To borrow a phrase from HBO’s “Chernobyl”, the Russian economy is “not great, not terrible.”
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