
Russia's economy is surprisingly tiny. Here's why it matters so much to you
CNN
Russia isn't a superpower, at least not when it comes to the global economy.
Its gross domestic product puts it as only the 12th largest economy in the world according to the International Monetary Fund, about 25% smaller than Italy and more than 20% smaller than Canada, two countries with a fraction of its population.
So in the face of its invasion of Ukraine, why is the West reluctant to hit it with the full range of available economic sanctions as has been done with other rogue states?

President Donald Trump issued a stark threat to defense contracting companies on Wednesday, saying he would seek to limit stock buybacks and executive salaries unless they improve their delivery of weapons systems to the US military hours before saying he’d decided to substantially increase the defense budget.












