Torbjörn Becker on Russia’s Hidden Economic Troubles

As Western leaders consider new sanctions on Russia, The Guardian sheds light on Russia’s hidden economic troubles and growing doubts about Moscow’s ability to sustain its war-driven economy. The article examines President Donald Trump’s renewed threats of financial measures and the ongoing debate among U.S. and EU officials over coordinated sanctions.

Despite extensive restrictions since 2022, Russia’s economy continues to function. But experts warn that the reality may be far worse than official data suggest.

“Russia’s official economic data are questionable. The situation is worse than it appears. Inflation and deficits are understated, and GDP is overstated. Russia will struggle to maintain the war at its current level by mid-2026,” said Torbjörn Becker, Director of the Stockholm Institute of Transition Economics (SITE).

The Guardian report also examines the limits of current sanctions, loopholes in the oil and gas trade, and the role of non-Western intermediaries that help Moscow circumvent restrictions. With Trump signaling openness to “major sanctions” if NATO allies align, analysts emphasize that political unity and global coordination will be critical to any future economic pressure on Russia.

Read the full article and Torbjörn Becker’s expert analysis in The Guardian / CNN Prima News.

Further Reading

Energy exports remain central to Russia’s economy, serving as a major source of geopolitical leverage. Sanctions targeting the Russian energy sector aim to reduce state revenues and curb Moscow’s global influence. Explore the latest research on sanctions, energy exports, and Russia’s economy in the Sanctions Portal Evidence Base.

For more economic insights and expert commentary, visit the SITE website.