US and EU sanctions 'crippling' Russia, Yale study finds

Western sanctions were driving Russia toward "economic oblivion" despite reports to the contrary, a leading US university has said.

The mere fact over 1,000 foreign firms — who had invested more than $600bn [€590bn] in Russia and had employed over one million Russian people — were winding down operations was a huge blow, according to research by Yale University.

"The value of these companies' investment in...