Western governments are bracing for a protracted economic confrontation with Russia over its invasion of Ukraine, as Moscow fights back against international sanctions by disrupting energy and food supplies.
Western governments imposed a series of financial, trade, and travel sanctions on Russia starting in late February in response to Moscow’s invasion of Ukraine. With almost four months of observations and data, Western policymakers are assessing the economic impact of the sanctions, weighing the risks of increasing pressure on Russia with new sanctions, and considering how the
The $3 billion injection is set to come in part from Russia's National Wealth Fund (NWF) - the government's rainy-day fund that is being marshalled to help support key companies hit by sanctions.