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ABI Journal

Turnaround Issues

Prolonged Russian Sanctions Cited as Having Significant Effect in Disappointing Economic and Earnings Reports

Everyone is feeling the impacts of the highest rate of inflation in decades, with the Consumer Price Index (CPI) still reporting a 8.3% year-over-year rate of inflation. Many pundits are blaming the impact of the Russian sanctions as a primary driver. This month, U.S. companies reporting earnings are repeating the same mantra.