Russian Casualties in Crimea 

The Russian economy contracted steeply in the second quarter as the country felt the brunt of the economic 

The economy shrank 4 percent from April through June compared with a year earlier, the Russian statistics agency said on Friday.

Western sanctions cut Russia off from about half of its $600 billion emergency stash of foreign currency and gold.

They also made it hard for Russian banks to do business with Western banks and made it hard for Russian companies...

But even though imports to Russia stopped and financial transactions were blocked, forcing the country to stop paying...

The fall in G.D.P. that was reported on Friday was not as bad as some had thought, in part because the country...

Analysts, though, say the economic toll will grow heavier as Western nations increasingly turn away from Russian...

Laura Solanko, a senior adviser at the Bank of Finland Institute for Economies in Transition, said about the Russian...

Before the war, Russia had a $1.5 trillion economy. In the days after the invasion, Russia moved quickly to lessen the effects of sanctions.

The measures blunted some of the impacts of the sanctions. And as the ruble rebounded, Russia’s finances benefited from high oil prices.