Sanctions 'catastrophically crippling' Russian economy, study finds

https://www.euronews.com/2022/07/28/sanctions-catastrophically-crippling-russian-economy-study-finds 

Russia's economy has been "catastrophically crippled" by western sanctions and the mass exodus of international companies, according to a Yale University study.

The research -- which the authors say is the "first comprehensive" analysis of the Russian economy -- found that since the start of the Ukraine war, Russia has taken a devastating hit across multiple metrics.

"Russia has lost companies representing ~40% of its GDP, reversing nearly all of three decades worth of foreign investment," write researchers at the Yale School of Management, adding that this situation has been worsened by an "unprecedented" capital and population flight.