Economic Sanctions

Search documents
Why Russia’s Economy Hasn’t Collapsed Yet
The Wall Street Journal· 2025-08-15 16:00
Economic Impact of War - War has acted as a significant stimulus for the Russian economy, leading to increased military spending since the full-scale invasion of Ukraine [2] - Russia's economy in 2024 outpaced most advanced nations, including the US, due to its economic focus on supplying the war effort [4] - The expansion of the military-industrial complex has absorbed labor, causing unemployment in Russia to fall to a 30-year low [5] Sanctions and Adaptation - Despite being the most sanctioned major economy, Russia has demonstrated an ability to adapt to economic pressure [3] - Russia's oil and gas sector, constituting approximately 20% of its GDP, has largely sustained high levels of spending [6] Future Outlook and Risks - Experts anticipate Russia will attempt to sustain its military economy for years, potentially eyeing conflicts beyond Ukraine [7] - Russian defense expenditure is projected to peak in 2025, contingent on a ceasefire, with spending remaining elevated compared to 2021-2022 levels [7] - Concerns are growing that potential actions could have far-reaching consequences, especially as cracks in Russia's economy begin to surface [6]
This Morning’s Top Headlines – July 15 | Morning News NOW
NBC News· 2025-07-15 12:36
International Relations & Geopolitics - President Trump sets a 50-day deadline for Russia to agree to a ceasefire in Ukraine or face steep sanctions on trading partners, potentially isolating the Russian economy [2][6] - The US plans to rearm Ukraine with billions of dollars worth of weapons, including Patriot air defense systems, through NATO allies [5] - President Trump endorses a bipartisan Russian sanctions bill, signaling a shift in posture towards Russia [7] US Domestic Policy & Legal Matters - The Supreme Court allows mass layoffs at the Department of Education to move forward, blocking a lower court order [8] - Democratic state attorneys general are suing the Trump administration for withholding $6 billion of funding from the Department of Education [17] - Mike Waltz faces a Senate confirmation hearing for UN ambassador, facing questions about "Signal Gate" controversy [23][25] Natural Disasters & Emergency Response - A fire at an assisted living facility in Massachusetts resulted in at least nine deaths and dozens of injuries, raising concerns about facility conditions and staffing [38][39] - Two wildfires at the Grand Canyon, caused by lightning strikes, remain 0% contained, destroying structures and forcing evacuations [45][46] - Intense rain caused flash flooding in New York City, disrupting transportation, while parts of Texas face continued flood threats [57][58] Weather Forecast & Potential Hazards - The Northeast experienced significant rainfall, with over 2 inches in one hour in New York City [59] - A cold front moving across the upper Midwest poses a threat of hail, strong winds, isolated tornadoes, and flash flooding [61] - A low-pressure system off the coast of Florida may develop into an organized system, bringing heavy rain and potential flash flooding to parts of Florida, Alabama, and Louisiana, with hourly rainfall rates of 2 to 3 inches possible [64][67]