Apple, Real Estate, Russia, and Carvana
Bloomberg Intelligence
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The Negative Impact of Western Sanctions on the Russian Economy
Alexander Motyl: Russia needs to find a way which will be less coercive, but also very effective in finding another 300,000 people. He says most of the numbers we are used to look at don't capture the economic pain that Russia undergoes. Motyl: If you look at imports, which were down 20%, they reflect the quality of consumption and quality of investment in Russia. These both declined pretty substantially last year; from the GDP perspective, any decline in imports is actually neutral.
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