Russia’s economy is booming, partly thanks to the sanctions meant to destroy Putin’s war machine

Richard Connolly, a junior research fellow at the Royal Institute of Shared Services in London and an expert on the Russian economy, told CBS News that the number of small and medium-sized enterprises registered in Russia has reached an unprecedented level.

In the wake of many Western companies leaving the country or suspending their operations due to Russia’s invasion of Ukraine, they were quickly replaced by Russian versions. So, instead of Starbucks, they have Stars Coffee, instead of Zara, they have Maag, and instead of Coca-Cola, Dobry Cola.

This means that banned Western goods are still entering the country, with Russians able to purchase most of the products they were able to buy before the war.

https://rmx.news/article/russia-is-experiencing-the-fastest-economic-growth-in-the-last-decade/