The State-Based Structure of the Russian Economy Allows It To Resist, for the Moment ...

Vladimir Putin may be boasting, but the hardest part is yet to come for Russia.

Image: Kal

It has been more than 120 days since the war in Ukraine started. The Western sanctions are getting stronger and stronger, and the European Union has already taken six different packages of measures since the beginning of the conflict. For all that, if you had asked some Russian businessmen for their views on the most effective sanction to weak…