Russia doing better than expected despite sanctions: IMF

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WASHINGTON, United States (AFP) — Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia’s economy appears to be weathering the storm better than expected as it benefits from high energy prices, the IMF said Tuesday. The sanctions were meant to sever Russia from the global financial system and choke off funds available to Moscow to finance the war. But the International Monetary Fund’s latest World Economic Outlook upgraded […]