The publication of Yale University research came on the same day Ukraine claimed the number of Russian war dead has now passed 40,000, in what would be a stark illustration of the human cost of Putin’s war. The stark insights are contained in a new paper entitled Business Retreats and Sanctions Are Crippling the Russian Economy, published by the Yale Chief Executive Leadership Institute, and authored by a team of experts including the think tank’s founder, Jeffrey A Sonnenfeld. RELATED ARTICLES Irexit calls surge: ‘Friction rising’ between EU and Dublin Zelensky savages ‘disgusting’ ex-German Chancellor The report suggested Russia’s position as a commodities exporter has ”irrevocably deteriorated”, with the country having lost access to its “erstwhile main markets”. In addition, Russian imports have largely collapsed, with the country facing huge challenges securing vital inputs, parts, and technology, leading to widespread supply shortages within its domestic economy. Meanwhile, despite what the authors call “Putin’s delusions of self-sufficiency and import substitution”, Russian domestic production has come to a “complete standstill” with no capacity to replace lost businesses, products and talent.
via express: Vladimir Putin faces ‘economic OBLIVION’ as fears Russia’s war dead total ‘passes 40,000’