Ukraine Crisis, Sanctions Taking Toll on Russia Economy
- By Mil Arcega
The Ukraine crisis appears to be doing damage to Russia’s 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. VOA's Mil Arcega has more.