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Western governments struggle to find new ways of curbing Russia’s ability to fund the war in Ukraine
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According to the latest forecasts, the Russian economy could rebound to its pre-war size by the end of 2023.
PHOTO: AFP
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LONDON – The governments of the United States and key European countries are preparing fresh sanctions against Russia, designed to increase the pressure on Russian President Vladimir Putin’s economy as the war in Ukraine enters its 15th month.
The objective is to submit a new package of sanctions for approval at the Group of Seven (G-7) summit of the most industrialised Western nations that is to take place in two weeks in Hiroshima, Japan.
