How is Russia’s economy holding up?

Predictions of Russian economic crash following Ukraine invasion have proved wide of the mark – but Moscow faces a rocky 2023

The EU has agreed a $60 price cap on Russian oil
The EU has agreed a $60 price cap on Russian oil
(Image credit: Illustration by Jonathan Raa/NurPhoto via Getty Images)

A predicted economic collapse in Russia triggered by international sanctions has failed to materialise, according to latest figures.

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