Russia's RTS index in USD fell 11.4% today. https://t.co/dPvacU0N7k

— Anders Åslund (@anders_aslund) April 9, 2018

Word from a businessman in Moscow today: "the sanctions have hit home to say the least. There is a sense of confused panic here. Anyone who says sanctions don’t work or matter – should be here today."

— Anders Åslund (@anders_aslund) April 9, 2018