Ukraine Crisis, Sanctions Taking Toll on Russia Economy

Although Russian leaders have downplayed the impact of recent U.S. and European sanctions, analysts say capital has been pouring out of the country as risk-averse investors seek safer returns. With Russia’s economy barely growing, some warn the country could slip into a recession as international outrage and economic sanctions intensify. Russia is the world’s ninth largest economy and last year it expanded by a tepid 1.3 percent. But this year, Russia’s economy will be lucky to grow at...

© La Voix de l'Amérique - mardi 25 mars 2014