https://www.cnn.com/2022/06/17/politics/nerd-warriors-treasury-department-sanctions-economic-war-russia/index.html https://www.cnn.com/2022/06/17/politics/nerd-

https://www.cnn.com/2022/06/17/politics/nerd-warriors-treasury-department-sanctions-economic-war-russia/index.html https://www.cnn.com/2022/06/17/politics/nerd-warriors-treasu... > Critical supply chains in Russia have been shattered. Hundreds of Western companies have pulled out of the country. Export sanctions have strangled Russia's access to essential technology and components necessary for entire industrial sectors. Tank factories have shut down. Missile manufacturers are scrambling for critical components and parts. An economy projected to grow in 2022 is now on a path to contract by as much as 15%. > In rare moments of candor, some Russian officials have provided glimpses into the economic damage taking hold. ¶ Russian Minister of Transport Vitaly Savelyev said in May that the sanctions "have practically broken all the logistics in our country." ¶ Russia is by no means the first country that's been sanctioned by the US. But compared with North Korea, Venezuela or Iran, it is far more integrated into the global economy, which has made this latest round of sanctions all the more destructive. ¶ "I think that's what people are missing -- the fact that Russia has to rip apart 30 years of integration into the global economy," said Elina Ribakova, the deputy chief economist at the Institute of International Finance.