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More than four years after Russia launched war on Ukraine, the West's unprecedented sanctions campaign has yet to deliver the economic collapse many predicted. With over 23,000 sanctions imposed by the United States, the European Union and their allies, Russia has instead reshaped its economy through domestic production, new trade partnerships, redirected energy exports and alternative payment systems. In this Spotlight, Daniela Laurel examines how Vladimir Putin's government adapted to sweeping restrictions, why Ukraine continues to push for tougher sanctions, and how emerging tools such as cryptocurrency stablecoins are complicating enforcement efforts.
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Game of Sanctions: Putin Winning Big? 

https://media.nw18.com/media-assets/wbx6pq/e39d0ea6-b5e5-490d-8f5f-1b64369bc76d/07-2026/17-2026/qnDscqEieW-WKiI7d2dnV1707-PUTIN-ECONOMYSHORTSmp4-R2rPvxle68/1080highp-h264.mp4