Unemployment agency failed to limit access to sensitive information, audit says

Putin's war seen wiping out 15 years of Russian economic growth


Russia is set to erase 15 years of economic gains by the end of 2023 after its invasion of Ukraine spurred a multitude of sanctions and prompted companies to pull out of the country, according to the Institute of International Finance.

The economy is expected to contract 15% in 2022, followed by a decline of 3% in 2023, leaving gross domestic product where it was about 15 years ago, economists Benjamin Hilgenstock and Elina Ribakova wrote in a preliminary assessment of the impact of the war, noting that further sanctions may change their view.