A new report, dubbed the “Kiel Report,” suggests Russia’s economy is nearing a critical point, potentially facing collapse due to the ongoing war in Ukraine. Economists who authored the report attribute this precarious situation to the combined effects of international sanctions and the demands of funding the war effort. The analysis indicates Russia is rapidly depleting its financial resources and access to vital technologies. Researchers are now calling for increased pressure on Moscow through the implementation of stricter Western sanctions. Specifically, the report advocates for the establishment of a special customs regime to further limit Russia’s economic capabilities. The findings highlight the growing strain on Russia’s economy and the potential for further deterioration if current trends continue.