Western sanctions are having a devastating influence on Russia’s economic system. Its forex, the ruble, has misplaced about 50 per cent of its worth since President Vladimir Putin invaded Ukraine.
It now takes about 120 Russian rubles to purchase $1 U.S. And as these sanctions in opposition to the nation multiply, extra corporations are additionally stopping their enterprise there— from McDonald’s to IKEA.
Eric Sorensen stories on the toll that is taking over on a regular basis Russians, as their authorities tries to sanitize the fact of the state of affairs.
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