Russia's economy is hurting - and a new wave of EU sanctions aimed at crippling its 'war machine' are coming. Here are 6 key developments in the past week.

Sun, 04/16/2023 - 06:45

Russian President Vladimir Putin in Moscow, Russia on March 30, 2023. — Russian President Vladimir Putin.
Gavriil Grigorov/Sputnik, Kremlin Pool Photo via AP

Russia's economy is hurting and a new wave of EU sanctions targeting its "war machine" are coming.
Growing links to China, an unstable currency and "cherry-picked" data are key developments.
Here are six key things to know about what's going on in Russia over the past week.

Russia's economy is reeling from the web of Western sanctions imposed on it after Vladimir Putin launched his war in Ukraine — and an official from the European Union recently said that Moscow will soon face a new wave of penalties coming from Europe.