Invading Crimea May Have Cost Russia $200 Billion So Far

Russia's military actions are costing it dearly: Russia's annexation of Ukraine's Crimea region last month and the instability it created in Russian financial markets were cited by government officials for record capital flight and sharply downgraded growth forecasts for the country. Finance Minister Anton Siluanov said that instead of projected 2.5% growth this year, Russia's economy might show no growth at all. ....U.S. and European sanctions to punish Russia for occupying and annexing Crimea ...