Western sanctions are having a devastating influence on Russia’s financial system. Its foreign money, 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 towards the nation multiply, extra firms are additionally stopping their enterprise there— from McDonald’s to IKEA.
Eric Sorensen experiences on the toll that is taking up on a regular basis Russians, as their authorities tries to sanitize the fact of the scenario.
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