Despite international pressure from sanctions following the annexation of Crimea and the full-scale invasion of Ukraine, Russia’s economy has managed to survive. The country’s resilience can be attributed to various factors, including its diversified industrial base, robust state-owned enterprises, and strategic use of natural resources.
Sanctions imposed by Western countries have had a limited impact on Russia’s economy, with some analysts suggesting that they have actually strengthened the nation’s resolve. The Russian government has also implemented policies aimed at reducing dependence on imports and promoting domestic production.
As global alliances shift, with former US President Donald Trump increasingly aligning Europe with Russia, the continent is now faced with a crossroads. Will Europe maintain its stance against Russia or seek to forge new alliances that balance security and economic interests?
The implications of this shift are far-reaching, with potential consequences for European economies and global markets. As the situation continues to unfold, one thing is clear: Russia’s economy has proven itself to be surprisingly resilient in the face of adversity.
Source: https://www.bloomberg.com/news/videos/2025-03-13/how-russia-s-economy-has-survived-video