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Stock impact report

Russia works around international sanctions designed to cripple the economy amid war with Ukraine [CBS News]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: CBS News
And yet…two-and-a-half years later, the fighting continues and the International Monetary Fund predicts, this year, Russia's economy will grow over 3%. More than the U.S. and Europe. The architect behind the United States sanction strategy is Daleep Singh - the deputy national security advisor for international economics at the White House. We first interviewed him in the weeks after the 2022 invasion…when he told us he expected a barrage of sanctions to bring Russia's economy to its knees. Earlier this month, we went to Washington to ask Daleep Singh about those early predictions of a nosedive.…and he told us something we don't hear very often on 60 Minutes. Daleep Singh: So let's be-- let's be honest. This is not the nosedive that I predicted two years ago. But-- I don't think anybody should mistake Russia's rebound with resilience. On the surface, Russia's economy may appear to be a fortress, but underneath the foundations are fragile. Hours after the invasion, the U.S. Show less Read more
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