Russia's economy seemed to show remarkable resilience in the face of waves of sanctions that followed its invasion of Ukraine. But recently the bank of Russia had to take steps to shore up a weakening ruble.

Are the sanctions finally biting? And how much of a bite would it take to get Russia to the negotiating table?

We discuss what has supported Russia's economy during wartime, shifts in trade routes, currency effects, and our near-term outlook.

Featured expert:

Lilit Gevorgyan, Associate Director, Europe and CIS Economics, S&P Global Market Intelligence https://www.spglobal.com/en/enterprise/experts/gevorgyan-lilit.html Explore our full library of S&P Global Market Intelligence podcasts here: https://www.spglobal.com/marketintelligence/en/news-insights/podcasts/