Novaya Gazeta Europe: Running out of road – Stagflation is hitting Russia’s war economy as sanctions take their toll on economic growth and price stability, writes Anders Åslund

“The Russian economy is not collapsing, but it is stagnant and suffering high inflation. And this economic decline could be a tipping point, because Russia may run out of liquid reserves, prompting the Kremlin to cut public expenditure.” writes Frivärlds senior fellow Anders Åslund in Novaya Gazeta Europe.