JRL NEWSWATCH: “In targeted Russian economy, businesses operate without Western products; Sanctions and the withdrawal of foreign firms are hitting small businesses especially hard.” – Washington Post

Cash, Calculator, Pen

“… [A]s Russia faces … international sanctions … [and] the impact of Western businesses shunning the country[,] [t]housands of small and medium businesses — including restaurants, bars, beauty salons, consultancies, transportation, logistics companies and others — face …  [multiple] problems. As real wages plummet, consumption falls, inflation escalates and supply chain problems choke the economy, the crisis is devastating private businesses. … Russians are facing a slew of economic problems, from a shortage of paper — it’s bring your own to many clinics for printing diagnostic reports — to a lack of Western medicines, spare parts and computer chips. …”

Mary IlyushinaClick here for: “In targeted Russian economy, businesses operate without Western products; Sanctions and the withdrawal of foreign firms are hitting small businesses especially hard.” – Washington Post/ Robyn Dixon, 

   

 

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