The blockade of Ukraine’s separatists-held east is snuffing out an industrial revival. The two-month trade halt, formalized last week by President Petro Poroshenko, is already triggering downgrades to the economic outlook from the central bank and analysts alike. Data due March 23 are set to show growth in industrial production plummeted by more than half in February to an annual 2.2 percent.
Russia's War Against Ukraine
Bloomberg: Eastern trade blockade crushes Ukraine’s industrial revival
Russian-backed separatist guards as workers work at the Uzov Metallurgical Works in Donetsk on March 1.
