Are Russian sanctions starting to bite ? Or will China, India and Israel provide a back door to bust the sanctions, as Russia has done for Cuba and Iran for instance ?
Two months ago Russia's foreign reserves were frozen and crippling economic sanctions were imposed on the country. The goal was and is to push Russia into a deep recession, cause runaway inflation and bring a speedy end to the war in Ukraine. Have they started to bite ? But could they be thwarted by China, India and Israel providing a back door lifeline to bust the sanctions ?
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