Russian Oligarchs Start to Speak Out as Putin Brings the Economy to the Brink of Ruin

Threats of severe economic sanctions were not enough to deter Vladimir Putin from invading Ukraine. But the enactment of those penalties by the United States and other Ukraine allies has exacted an enormous cost on the Russian economy, bringing its financial system to the brink of disaster and augmenting pressure on the country’s increasingly isolated authoritarian leader. Russia’s economy was already reeling from the swift punishments world leaders imposed following last Thursday’s attack: The country began suffering cash shortages, the ruble went into free fall, and at least two oligarchs—who have been targeted by sanctions, along with their families—called for… Read Full Article