Economic War of Attrition Takes Toll on Russia, West
Beyond Moscow’s military campaign is an economic war between Russia, on one side, and the U.S. and Europe on the other. That conflict is becoming a test of who can endure the most strife.
So far, Russia appears to be suffering more, analysts say, with its economy set to contract sharply this year, the cost of living soaring and hundreds of businesses, from McDonald’s Corp. to French car maker Renault SA, fleeing.
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