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Published on: 02/25/2026 - 10:14

Despite Western sanctions since its invasion of Ukraine, Russia has been able to keep its economy steadfast by finding parallel import routes and searching for new markets to sell oil and gas, especially in Asia. Russian industries also benefited from a significant increase in military orders, which helped support their economic activity in the short term. But on the other hand, signs of decline began to appear due to labor shortages, immigration, military mobilization, and high inflation rates.

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