News Snapshot:
Since the Russian invasion of Ukraine nearly a year ago, attempts have been made to clobber its economy. Russian businesses have been cut off from vast tracts of the Western world. Its oligarchs have been sanctioned and had their yachts seized. And yet, by almost every measure the Russian economy has weathered the last year much better than almost anyone expected. "There are clearly signs of a slowdown in the Russian economy," said Desjardins principal economist Marc Desormeaux. "But things are not quite as bad as feared when this conflict erupted." Beyond the staggering human cost of the war, the...
