Analysis: Russia boasts it is beating sanctions, but its longer-term prospects are bleak | CNN Business

CNN  — 

Russian President Vladimir Putin has taken to gloating about Russia’s resistance to international sanctions and its supposed economic resilience, despite the best efforts of the United States and its G7 partners to choke off Moscow’s oil revenues and starve it of military technology.

Scoffing at Europe’s economies, Putin said at a recent event: “We have growth, and they have decline… They all have problems through the roof, not even comparable to our problems.”

It’s true that, as the second anniversary of Russia’s full-scale invasion of Ukraine approaches, the Russian state is earning billions

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