Russia’s economy has been under severe international sanctions since 2014, with varying assessments of their impact. Despite claims of resilience by President Vladimir Putin, Budanov, a Ukrainian general, reported intelligence suggesting Russia may sue for peace by the end of 2025 due to economic reasons. The hidden inflation and financial constraints due to sanctions have led to a stagnant economy and a decline in GDP.
Western technology sanctions, arm export collapse, and shortage of soldiers are further weakening Russia. In contrast, Ukraine has maintained a stalemate with Russia by spending $100 billion on the war annually. To secure an additional $50 billion per year, seizing frozen Russian assets is crucial for Ukraine.
The West holds the key to Ukraine’s ability to resist Russian aggression and restore its territorial integrity. By supporting Ukraine and imposing stricter sanctions on Russia, the international community can tip the scales in favor of Ukraine in the ongoing conflict. The author’s analysis sheds light on the economic impact of sanctions on Russia and the strategic importance of financial support for Ukraine’s defense efforts.
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