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Russia’s Economy Grows 4.1% Despite U.S. Embargo, Boosted By BRICS Support

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A man in a dark suit from Russia, standing atop a cracked world map, looks eastward as dawn breaks over modern skyscraper silhouettes symbolizing the BRICS.

While economic sanctions aimed to suffocate Moscow, Russia recorded a growth of 4.1% in 2023. This figure, confirmed by Russian authorities, shakes the certainties of Washington and its allies. In a climate of war in Ukraine and a reshaping of monetary alliances, the resurgence of the Russian economy reveals an effective circumvention strategy, supported by the BRICS. This data raises questions about the effectiveness of Western sanctions and reshuffles the cards in the geoeconomic game.

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