As Putin orchestrates his reelection, a resilient Russian economy is a key selling point
Russia's economy is holding up despite massive Western sanctions and foreign businesses pulling out of the country. While some goods aren't available, President Vladimir Putin can point to a stable, growing economy as he orchestrates his reelection to a fifth, six-year term this week. Yes, there's inflation that consumers are feeling as they shop, and some favorite imported goods may be gone or much more expensive. But massive government spending on the military and other moves have been giving the economy a boost. Plus, oil income is still rolling in. For most people in Russia, not much has changed in the economy.