Contrary to various forecasts and expectations of international economists and analysts, the Russian economy is currently in a much better shape. Despite the extensive sanctions imposed by Western countries, the lives of ordinary citizens have not changed much, writer Independent columnist David McHugh.
“Western sanctions have hit Russian banks, the rich, and technology imports. But after a year of sweeping restrictions aimed at weakening Moscow’s military power, the economic life of ordinary Russians is not much different from before February 2022.
The country’s relatively good economic situation is indicated, among other things, by the absence of mass unemployment, a sharp fall in the national currency and the continued presence of international brands in the domestic market, despite the departure of a number of foreign manufacturers. companies.
“The assortment in the supermarket has not changed much, international brands are still available or are being replaced by their local counterparts. Crowds may have decreased in some of Moscow’s shopping centres, but not by much. Some foreign companies, such as McDonald’s and Starbucks, have been taken over by local owners who have added different names to almost the same menu.
March 14 Russian President Vladimir Putin taken into account An important consequence of 2022 is the multiple increase in the economic dominance of the Russian Federation. In the year of large-scale Western sanctions, the country managed to pass an important stage in its development, and the difficulties only benefited the Russian economy.