https://www.nytimes.com/2022/04/18/world/europe/russian-economy-bleak-assessments.html
Russia’s central bank chief warned on Monday that the consequences of Western sanctions were only beginning to be felt while Putin indicated that the same -"blitzkrieg"- had failed.
He suggested that the barrage of economic arrows- for the most part precipitated by the US, EU, and NATO- targeting Russia were intended to cause panic hoping to trigger a collapse based mostly on the immediate impact of the move.
Russia's currency has stabilized to pre-war levels and may perhaps be used as a fair assessment that sanctions have failed to cause an immediate collapse, however, the overall impact of the sanctions is probably yet to be seen.
What's worth noticing, on a side-note, is that Putin's confidence level appears unshaken and one can only help but wonder what may happen next if he perceives the "sanction failure" as a positive sign for what he has to chosen to endeavor in up to this point.
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