Russia Privately Warns of Deep and Prolonged Economic Damage

‘,panelEmptyTemplate=’

{emptyPanelMsg}

‘,panelErrorTemplate=’

{errorMsg}

‘,panelParentTemplate=”,notifOnboardPromoTemplate=”,EXPANDED_PANEL=”expanded_panel”,ERROR_PANEL=”error_panel”,NotificationView=function(){function e(n,t){classCallCheck(this,e);var i=this;i._config=n,i._panelNode=null,i._store=t}return createClass(e,[{key:”_generatePanelMarkup”,value:function(e,n){var t=this._config,i=void 0,o=void 0;”undefined”!=typeof window&&(i=window.Notification&&”default”===window.Notification.permission,o=t.promos.bypassEligibleClassCheck||hasClass(document.body,t.promos.eligibleBodyClass));var r=t.promos.enableNotifOnboard&&i&&o?notifOnboardPromoTemplate:””;if(r){var s=t.promos.showYahooLogo?””:”yns-no-logo”;r=r.replace(“{notifOnboardBtnLabel}”,t.promos.notifOnboardBtnLabel).replace(“{notifOnboardMsg}”,t.promos.notifOnboardMsg).replace(“{subscriptionTopic}”,t.promos.subscriptionTopic).replace(“{noLogoClass}”,s).replace(“{promoLogo}”,t.promos.promoLogo)}var a=n.newCount>t.panel.maxCount?n.newCount:””,c=t.panel.notificationCenterPath,l=c?””:constants.panelHideElement,d=t.panel.headerMsg?””:” “+constants.panelHideElement,u=c?constants.panelPaddingBtm:””,p=void 0;n.count?p=n.markup:p=panelEmptyTemplate.replace(“{emptyPanelMsg}”,t.panel.emptyPanelMsg);return e=e.replace(“{notifMarkup}”,p).replace(“{promoMarkup}”,r).replace(“{hideClass}”,l).replace(“{notifCenterLink}”,c).replace(“{paddingClass}”,u).replace(“{headerMsg}”,t.panel.headerMsg).replace(“{hideHeaderClass}”,d).replace(/{notificationCenterNavMsg}/g,t.panel.notificationCenterNavMsg).replace(/{newCount}/g,a)}},{key:”render”,value:function(e,n){var t=this;if(t._panelNode){var i=void 0,o=t._panelNode,r=void 0,s=void 0;switch(e){case EXPANDED_PANEL:i=panelTemplate,s=t._store.getNotifications(),r=t._generatePanelMarkup(i,s),o.innerHTML=r;break;case ERROR_PANEL:r=(i=panelErrorTemplate).replace(“{errorMsg}”,t._config.panel.errorMsg),o.innerHTML=r}n&&n()}else n&&n(new Error(“No panel parent”))}},{key:”createPanelParentNode”,value:function(e){e&&(e.innerHTML=panelParentTemplate,this._panelNode=document.getElementById(constants.panelNodeId))}},{key:”updateBadgeNode”,value:function(e){if(e){var n=this._store.getNotifications().newCount,t=this._config.badge.maxCount;if(n){var i=n>t?t+”+”:n;e.innerHTML=i}else e.innerHTML=””}}},{key:”addStyles”,value:function(e){if(e&&”undefined”!=typeof window){var n=document.getElementById(this._config.panel.styleTagId);n||((n=document.createElement(“style”)).type=”text/css”,n.id=this._config.panel.styleTagId,n.innerText=e,document.head.appendChild(n))}}}]),e}(),EXPANDED_PANEL$1=”expanded_panel”,ERROR_PANEL$1=”error_panel”,PanelController=function(){function e(n,t,i){classCallCheck(this,e);var o=this;o._store=t,o._view=i,o._config=n;var r=o._config.panel;o._panelParentNode=document.querySelector(r.parentSelector),o._badgeNode=o._config.badge.selector&&document.querySelector(o._config.badge.selector),o._indicatorNode=r.indicatorSelector&&document.querySelector(r.indicatorSelector)}return createClass(e,[{key:”createPanelParentNode”,value:function(){this._view.createPanelParentNode(this._panelParentNode),this._notifPanelNode=document.getElementById(constants.panelNodeId)}},{key:”refreshPanelNode”,value:function(e,n){var t=this;addClass(t._notifPanelNode,constants.panelLoading),t._store.fetchNotifications(e,(function(e,i){var o=window.wafer&&window.wafer.base;o&&o.destroy(t._notifPanelNode),e?t._notifPanelNode.innerHTML||(t._view.render(ERROR_PANEL$1),addClass(t._notifPanelNode,constants.panelLoading)):(t._view.render(EXPANDED_PANEL$1),t._view.updateBadgeNode(t._badgeNode),t._showBadge(),t._showIndicator(),t._view.addStyles(i.css)),removeClass(t._notifPanelNode,constants.panelLoading),o&&o.sync(t._notifPanelNode.parentNode),n&&n(e,i)}))}},{key:”resetBadge”,value:function(){var e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),addClass(e._badgeNode,e._config.badge.hideClass)}},{key:”_showIndicator”,value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?addClass(this._indicatorNode,this._config.panel.indicatorClass):removeClass(this._indicatorNode,this._config.panel.indicatorClass))}},{key:”_showBadge”,value:function(){var e=this;e._store.getNotifications().newCount?removeClass(e._badgeNode,e._config.badge.hideClass):addClass(e._badgeNode,e._config.badge.hideClass)}}]),e}(),config={promos:{eligibleBodyClass:”display-push-promos”,enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:”Notify Me”,notifOnboardMsg:”Get alerts for breaking news and top stories”,promoLogo:”https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png”,showYahooLogo:!0,subscriptionTopic:”gondor_homerun_news”},badge:{hideClass:””,maxCount:5,selector:””},panel:{emptyPanelMsg:”You have no new notifications.”,errorMsg:””,headerMsg:”Notifications”,imageTag:”img:40×40|2|80″,indicatorClass:”yns-indicator”,indicatorSelector:null,maxCount:6,notificationCenterNavMsg:”View all {newCount} notifications”,notificationCenterPath:””,notificationTypes:””,parentSelector:null,styleTagId:”notificationStyles”,theme:”default”},service:{attemptCount:2,attemptDelay:1,url:null,resetUrl:null,isRMP:!1,responseType:”json”,timeout:1500}},Main=function(){function e(n){classCallCheck(this,e);var t=this;t.config=t._parseConfig(n),t._validateRequiredConfigs()&&(t._request=new NotificationRequest(t.config),t._store=new NotificationStore(t.config,t._request),t._view=new NotificationView(t.config,t._store),t._panelController=new PanelController(t.config,t._store,t._view),t._panelController.createPanelParentNode(),t._assignHelperMethods())}return createClass(e,[{key:”_parseConfig”,value:function(e){var n={};for(var t in objectAssign(n,config),n)if(n.hasOwnProperty(t)){var i=n[t],o=e[t];”object”===(void 0===i?”undefined”:_typeof(i))?objectAssign(i,o):n[t]=e[t]}return n}},{key:”_validateRequiredConfigs”,value:function(){var e=this.config;return!(!e.panel.parentSelector||!e.service.url)}},{key:”_assignHelperMethods”,value:function(){var e=this;e.helpers={refreshPanelNode:e._panelController.refreshPanelNode.bind(e._panelController),resetBadge:e._panelController.resetBadge.bind(e._panelController),resetIndicator:function(){removeClass(e._panelController._indicatorNode,e.config.panel.indicatorClass)}}}}]),e}(),notificationClient_module_min=Main,notificationClient={NotificationClient:notificationClient_module_min},CONSUMPTION_STORAGE_KEY=”lnct”,NotifClient=function(){function e(){var e,n;this.personalized=!1,this.ybarElem=document.getElementById(“ybar”),this.partnerClasses=null===(n=null===(e=this.ybarElem)||void 0===e?void 0:e.className)||void 0===n?void 0:n.match(/ybar-variant-([a-z]*)/),this.client=new notificationClient.NotificationClient(this.getConfig())}return e.prototype.refreshPanel=function(){var e,n,t,i=this,o={lastUpdate:this.getTimeStamp()||this.setTimeStamp(),loadInHpViewer:!0,includePersonalized:this.personalized},r=(null===(e=window.YAHOO)||void 0===e?void 0:e.context)||(null===(n=window.Af)||void 0===n?void 0:n.context)||{};return r.region&&r.lang&&(o.lang=r.lang,o.region=r.region),(null===(t=this.partnerClasses)||void 0===t?void 0:t.length)&&(o.partner=this.partnerClasses[1]),new Promise((function(e,n){i.client.helpers.refreshPanelNode({matrixParams:o},(function(t,i){t&&(logError(“Notification refresh error:”,t),n(t)),e(i)}))}))},e.prototype.resetBadge=function(){this.client.helpers.resetBadge(),this.setTimeStamp()},e.prototype.getConfig=function(){var e,n,t,i,o={promos:{eligibleBodyClass:”display-push-promos”,enableNotifOnboard:!0},badge:{selector:”#notif-badge”,hideClass:”ybar-notification-hidden”},panel:{emptyPanelMsg:”You have no new notifications.”,errorMsg:”Please check back later.”,headerMsg:”Notifications”,maxCount:5,parentSelector:”#ybarNotificationBody”,notificationTypes:”breakingNews”},service:{url:”/tdv2_fp/api/resource/NotificationHistory.getHistory”,isRMP:!1}},r=document.getElementById(“notification-container”),s=null===(e=null==r?void 0:r.dataset)||void 0===e?void 0:e.config,a={};if(s){“att”===(null===(n=this.partnerClasses)||void 0===n?void 0:n[1])&&(o.promos.showYahooLogo=!1);try{var c=JSON.parse(s);a=__assign({},c),this.personalized=1===c.personalize}catch(e){logError(“Notifications config parsing error”,e)}r&&delete r.dataset.config}var l=this.mergeConfigs(o,a);return(null===(t=this.partnerClasses)||void 0===t?void 0:t.length)&&(null===(i=l.promos)||void 0===i?void 0:i.subscriptionTopic)&&delete l.promos.subscriptionTopic,l},e.prototype.mergeConfigs=function(e,n){var t=__assign({},e);for(var i in e)t[i]=__assign(__assign({},e[i]),n[i]);return t},e.prototype.getTimeStamp=function(){var e;return null===(e=window.localStorage)||void 0===e?void 0:e.getItem(CONSUMPTION_STORAGE_KEY)},e.prototype.setTimeStamp=function(){var e,n=””+Math.floor((new Date).getTime()/1e3);return null===(e=window.localStorage)||void 0===e||e.setItem(CONSUMPTION_STORAGE_KEY,n),n},e}(),notifClient=new NotifClient,getNotifClient=function(){return notifClient},reInit=function(){notifClient=new NotifClient},ybarRapid,ybarRapidInterval,ybarRapidErrMsg=””,beaconQueue=[],noop=function(){},logRapidError=function(){window.removeEventListener(“beforeunload”,logRapidError),””!==ybarRapidErrMsg&&logError(“Rapid not found on page”,new Error(ybarRapidErrMsg))},findRapidWithSpaceid=function(e){var n=void 0;if(e&&e.length>0)for(var t=0;t0){if(ybarRapid.addModules(o,!1,i),beaconQueue.length>0)for(e=0;e90&&fireImageBeacon(“performance”,e)}catch(e){}}),1e3)}))},measureInit=measure(“ybar-init”);initYbar(),measureInit.stop(),initPerformanceMetricsBeaconListener(),initRapid(),initErrorBeaconListener();var selected=”_yb_jzayl”,Css$7={“right-item”:”_yb_25j2b”,selected:selected,”ybar-mod-topnavigation”:”_yb_1o38m”,”ybar-mod-topnavigation-teaser-imp”:”_yb_1oij6″},DOCUMENT_NODE_TYPE=9;if(“undefined”!=typeof Element&&!Element.prototype.matches){var proto=Element.prototype;proto.matches=proto.matchesSelector||proto.mozMatchesSelector||proto.msMatchesSelector||proto.oMatchesSelector||proto.webkitMatchesSelector}function closest(e,n){for(;e&&e.nodeType!==DOCUMENT_NODE_TYPE;){if(“function”==typeof e.matches&&e.matches(n))return e;e=e.parentNode}}var closest_1=closest;function _delegate(e,n,t,i,o){var r=listener.apply(this,arguments);return e.addEventListener(t,r,o),{destroy:function(){e.removeEventListener(t,r,o)}}}function delegate(e,n,t,i,o){return”function”==typeof e.addEventListener?_delegate.apply(null,arguments):”function”==typeof t?_delegate.bind(null,document).apply(null,arguments):(“string”==typeof e&&(e=document.querySelectorAll(e)),Array.prototype.map.call(e,(function(e){return _delegate(e,n,t,i,o)})))}function listener(e,n,t,i){return function(t){t.delegateTarget=closest_1(t.target,n),t.delegateTarget&&i.call(e,t)}}var delegate_1=delegate,ListNode=function(e){this.data=e,this.next=null,this.prev=null},LinkedList=function(){function e(){this.head=null,this.tail=null}return e.prototype.push=function(e){var n=new ListNode(e);return this.head?this.tail?(n.prev=this.tail,this.tail.next=n,this.tail=n):(this.tail=n,this.tail.prev=this.head,this.head.next=this.tail):(this.head=n,n.next=this.tail),n},e.prototype.size=function(){for(var e=0,n=this.head;n;)e+=1,n=n.next;return e},e.prototype.getHead=function(){return this.head},e.prototype.getTail=function(){return this.tail},e.prototype.get=function(e){if(e>=this.size())return null;for(var n=0,t=this.head;(null==t?void 0:t.next)&&n0&&Array.prototype.forEach.call(e,(function(e){e.onerror=function(){e.onerror=null,e.style.display=”none”}}))},fixLogoOutline=function(e,n){e&&(hideOutlineOnMouseDown(“#ybar-logo”,”#ybar-logo”,n),n.onDestroy((function(){e.classList.remove(“ybar-show-outline”),e.classList.remove(“ybar-hide-outline”)})))},logoClick=function(e,n){n&&e.addElementListener(n,”click”,(function(){e.triggerEvent(“logo-click”)}))},init$4=function(e,n){n.logoImages&&hideLogosOnError(n.logoImages),n.wrapper&&(fixLogoOutline(n.wrapper,e),logoClick(e,n.wrapper))};initModule(“ybar-mod-logo”,(function(e){var n={wrapper:document.getElementById(“ybar-logo”),logoImages:document.querySelectorAll(“.”.concat(Css$6[“logo-image”]))};init$4(e,n)}));var overlay$1=”_yb_12lgy”,tooltip=”_yb_12q59″,tooltip__text=”_yb_1d5ug”,tooltip__voice=”_yb_1xpmk”,tooltip__web=”_yb_dgyn0″,dark=”_yb_183ar”,darker=”_yb_1yc1q”,light=”_yb_ygnhg”,midnight60=”_yb_18lo3″,Css$5={“dropdown-open”:”_yb_1dctr”,”merchant-is-selected”:”_yb_18dyt”,overlay:overlay$1,”selected-merchant-clear-button”:”_yb_mo1c8″,”shops-buttons”:”_yb_2zvzp”,”styled-select”:”_yb_couwt”,tooltip:tooltip,”tooltip–show”:”_yb_cbae6″,tooltip__text:tooltip__text,tooltip__voice:tooltip__voice,tooltip__web:tooltip__web,dark:dark,darker:darker,light:light,midnight60:midnight60},range=function(e,n){var t=Math.max(e,n),i=Math.min(e,n),o=Math.abs(t-i);return __spreadArray([],new Array(o+1),!0).map((function(e,n){return i+n}))},openSearchOverlay=function(e,n,t){var i=e.getConfig().bucketConfig,o=(void 0===i?{}:i).enable_search_ui,r=void 0!==o&&o;if(n.ybar){n.ybar.classList.add(“ybar-searchbox-assist-fullscreen”),document.documentElement.classList.add(“ybar-overlay”),document.body.classList.add(“ybar-overlay-noscroll”);beaconClick(“ybar”,”websrch”,””,{elm:”expand”,subsec:”searchbox”,itc:”1″}),setTimeout((function(){n.searchInput instanceof HTMLInputElement&&(t&&(n.searchInput.value=t),n.searchInput.focus(),r&&n.searchInput.click())}))}},closeSearchOverlay=function(e){var n;null===(n=e.ybar)||void 0===n||n.classList.remove(“ybar-searchbox-assist-fullscreen”),document.documentElement.classList.remove(“ybar-overlay”),document.body.classList.remove(“ybar-overlay-noscroll”),e.searchInput instanceof HTMLInputElement&&(e.searchInput.value=””,e.searchInput.blur())},initMweb=function(e,n){“smartphone”===e.getConfig().device&&(e.addElementListener(n.searchBoxPlaceholder,”click”,(function(){openSearchOverlay(e,n)})),e.addElementListener(n.searchBoxPlaceholder,”keydown”,(function(t){var i=t,o=i.keyCode,r=i.key,s=range(65,90),a=__spreadArray(__spreadArray([],range(58,57),!0),range(96,105),!0),c=__spreadArray(__spreadArray([],s,!0),a,!0).includes(o);(32===o||13===o||c)&&(t.preventDefault(),t.stopPropagation(),openSearchOverlay(e,n,c?r:””))})),n.searchBoxBackButton&&(e.addElementListener(n.searchBoxBackButton,”click”,(function(e){e.stopPropagation(),closeSearchOverlay(n);beaconClick(“ybar”,”back-close-srch”,””,{elm:”btn”,subsec:”searchbox”,itc:”1″})})),e.addElementListener(n.searchInput,”keyup”,(function(e){e.stopPropagation();27===e.keyCode&&(e.stopPropagation(),closeSearchOverlay(n))}))),e.onDestroy((function(){closeSearchOverlay(n)})))},Tooltip=function(){function e(e,n,t){n&&(this.ybar=e,this.elem=n,this.options=t,this.show=this.show.bind(this),this.hide=this.hide.bind(this),this.addEventListeners())}return Object.defineProperty(e.prototype,”tooltip”,{get:function(){var e=this;return this.tooltipMarkup||(this.tooltipMarkup=this.createTooltip(),(this.options.tooltipParentElm||this.elem).appendChild(this.tooltipMarkup),this.ybar.onDestroy((function(){var n,t;null===(t=null===(n=e.tooltipMarkup)||void 0===n?void 0:n.parentNode)||void 0===t||t.removeChild(e.tooltipMarkup)}))),this.tooltipMarkup},enumerable:!1,configurable:!0}),e.prototype.show=function(){this.tooltip.classList.add(this.options.showClass)},e.prototype.hide=function(){this.tooltip.classList.remove(this.options.showClass)},e.prototype.addEventListeners=function(){this.ybar.addElementListener(this.elem,”mouseenter”,this.show),this.ybar.addElementListener(this.elem,”focus”,this.show),this.ybar.addElementListener(this.elem,”mouseleave”,this.hide),this.ybar.addElementListener(this.elem,”blur”,this.hide)},e.prototype.createTooltip=function(){var e=document.createElement(“div”);e.className=this.options.containerClass||””;var n=document.createElement(“p”);return n.textContent=this.options.label,n.className=this.options.textClass||””,e.appendChild(n),e},e}();createCommonjsModule((function(module){(function(){var __webpack_modules__={“./src/index.js”:
/*!**********************!*
!*** ./src/index.js ***!
**********************/function(__unused_webpack_module,__unused_webpack_exports,__webpack_require__){eval(“var I18n = __webpack_require__(/*! ./lib/I18n */ “./src/lib/I18n.js”);nn(function (win, doc) {n “use strict”;nn var defaultConfig = {n uiLang: ‘en-US’,n speechLang: ‘en-US’,n voiceButton: ‘#voice-btn’,n searchBox: {n form: ‘#sf’,n input: ‘#yschsp’,n params: {n fr: ”,n fr2: ”n }n },n enable_voice_trending: false,n trending: {n market: “en-us”n },n ui: {n speechOverlay: {n disableBlur: falsen }n },n browsers: {n edge: falsen }n };nn function VoiceSearch(config) {n var self = this;n self.config = Object.assign(defaultConfig, config || {});n self.i18n = new VoiceSearch.I18n({n lang: self.config.uiLangn });n self.renderPermissionGuide(self);n self.renderSpeechPanel(self);n self.speechResult = ”;n self.noSpeech = true;n self.isRecognitionStart = false;n self.recognition = null;n self.voiceButton = doc.querySelector(self.config.voiceButton);n self.searchBoxForm = doc.querySelector(self.config.searchBox.form);n self.searchBoxQuery = doc.querySelector(self.config.searchBox.input);n self.speechPanel = doc.querySelector(‘#spch’);n self.speechButtonContainer = doc.querySelector(‘#spchbc’);n self.speechButton = doc.querySelector(‘#spchbc-btn’);n self.speechText = doc.querySelector(‘#spcht’);n self.speechOverlay = doc.getElementById(‘spch-overlay’);n self.retryLink = doc.querySelector(‘#spcht-retry’);n self.trending = doc.getElementById(‘spch-trending’);n self.trendingTerms = doc.getElementById(‘trending-terms’);n self.termSpans = doc.getElementsByClassName(“trending-term”);n self.closeButton = doc.querySelector(‘#spchx’);n self.startAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-start-202105050733.wav’);n self.resultAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-result-202105050733.wav’);n self.errorAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-error-202105050733.wav’);n self.closeAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-close-202105050733.wav’);n self.permissionGuide = doc.querySelector(‘#spchp’);n self.permissionGuideClose = doc.querySelector(‘#spchpx’);n self.permissionGuideTimer = null;nn self.onEscKeyDown = function (e) {n if (e.code !== ‘Escape’) {n return;n }nn self.recognition.stop();n self.sendBeacon(‘keybrd’, ‘voicesearch_cancel_esc’); // The clean up should put inside closePanel() instead of here,n // or func won’t be cleaned up if user close panel with btn or overlaynn self.closePanel(self);n };nn if (self.isBrowserSupported()) {n var SpeechRecognition = win.SpeechRecognition || win.webkitSpeechRecognition;n var SpeechGrammarList = win.SpeechGrammarList || win.webkitSpeechGrammarList;n var speechGrammar = ‘#JSGF V1.0;’;n self.recognition = new SpeechRecognition();n var speechRecognitionList = new SpeechGrammarList();nn if (speechRecognitionList.addFromString) {n speechRecognitionList.addFromString(speechGrammar, 1);n }nn self.recognition.grammars = speechRecognitionList;n self.recognition.continuous = false;n self.recognition.lang = self.config.speechLang;n self.recognition.interimResults = false;n self.recognition.maxAlternatives = 1;n /* Listeners */nn if (self.voiceButton) {n self.voiceButton.onclick = function () {n self.recognition.start();nn if (self.permissionGuideTimer) {n win.clearTimeout(self.permissionGuideTimer);n }nn self.permissionGuideTimer = win.setTimeout(function () {n if (!self.isRecognitionStart) {n self.showPermissionGuide(self);n }n }, 300); // Also close when pressing escnn doc.addEventListener(‘keydown’, self.onEscKeyDown);n self.sendBeacon(‘clk’, ‘voicesearch’);n };n }nn if (self.speechButton) {n self.speechButton.onclick = function () {n if (!self.isRecognitionStart) {n self.recognition.start();n self.sendBeacon(‘clk’, ‘voicesearch_panel_mic_restart’);n } else {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_panel_mic_close’);n self.closePanel(self);n }n };n }nn if (self.retryLink) {n self.retryLink.onclick = function () {n if (!self.isRecognitionStart) {n self.recognition.start();n self.sendBeacon(‘clk’, ‘voicesearch_panel_retry’);n }n };n }nn if (self.speechOverlay) {n self.speechOverlay.onclick = function () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_cancel_outside’);n self.closePanel(self);n };n }nn if (self.closeButton) {n self.closeButton.onclick = functionn /*event*/n () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_cancel’);n self.closePanel(self);n };n }nn if (self.permissionGuideClose) {n self.permissionGuideClose.onclick = functionn /*event*/n () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_permission_close’);n self.closeAudio.play();n self.hidePermissionGuide(self);n };n }n /* Recognition Events */nnn self.recognition.onresult = function (event) {n // The SpeechRecognitionEvent results property returns a SpeechRecognitionResultList objectn // The SpeechRecognitionResultList object contains SpeechRecognitionResult objects.n // It has a getter so it can be accessed like an arrayn // The first [0] returns the SpeechRecognitionResult at the last position.n // Each SpeechRecognitionResult object contains SpeechRecognitionAlternative objects that contain individual results.n // These also have getters so they can be accessed like arrays.n // The second [0] returns the SpeechRecognitionAlternative at position 0.n // We then return the transcript property of the SpeechRecognitionAlternative objectn // console.log(‘Confidence: ‘ + event.results[0][0].confidence);n self.speechResult = event.results[0][0].transcript;n /* Punctuation Handling: Check last character and strip it if necessary */nn self.handlePunctuation(self);nn if (self.speechText) {n self.speechText.innerText = self.speechResult;n }nn if (self.searchBoxQuery) {n self.searchBoxQuery.value = self.speechResult;n }nn self.resultAudio.play();n win.setTimeout(function () {n if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb”);n self.speechPanel.classList.add(“s2tb-h”);n }nn self.hideRetryLink(self);nn if (self.searchBoxForm) {n var inputFr = self.searchBoxForm.querySelector(‘[name=fr]’);n var inputFr2 = self.searchBoxForm.querySelector(‘[name=fr2]’);nn if (inputFr && self.config.searchBox && self.config.searchBox.params && self.config.searchBox.params.fr) {n inputFr.value = config.searchBox.params.fr;n inputFr.disabled = false; // for homepage casen }nn if (inputFr2 && self.config.searchBox && self.config.searchBox.params && self.config.searchBox.params.fr2) {n inputFr2.value = config.searchBox.params.fr2;n inputFr2.disabled = false; // for homepage casen }nn self.searchBoxForm.submit();n }n }, 1000);n };nn self.recognition.onspeechstart = functionn /*event*/n () {// Fired when speech startsn };nn self.recognition.onspeechend = function () {n // Fired when speech endsn self.recognition.stop();n };nn self.recognition.onerror = functionn /*event*/n () {n // console.log(‘Error occurred in recognition: ‘ + event.error);n if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_error’);n }nn self.hideTrending(self);n self.showRetryLink(self);n self.errorAudio.play();n };nn self.recognition.onaudiostart = functionn /*event*/n () {n // Fired when the user agent has started to capture audio.n if (self.speechButtonContainer) {n self.speechButtonContainer.classList.add(“listening”);n }n };nn self.recognition.onaudioend = functionn /*event*/n () {n // Fired when the user agent has finished capturing audio.n if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“listening”);n }n };nn self.recognition.onsoundstart = functionn /*event*/n () {n // Fired when any sound — recognisable speech or not — has been detected.n self.hideTrending(self);n self.noSpeech = false;nn if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“listening”);n self.speechButtonContainer.classList.add(“speaking”);n }n };nn self.recognition.onsoundend = functionn /*event*/n () {n // Fired when no sound presentn if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“speaking”);n }n };nn self.recognition.onstart = functionn /*event*/n () {n // Fired when the speech recognition service has begun listeningn self.recognitionInit(self);n self.startRecognition(self);n };nn self.recognition.onend = functionn /*event*/n () {n // Fired when the speech recognition service has disconnected.n self.isRecognitionStart = false;nn if (self.noSpeech == false && self.speechResult == ”) {n // No match: Fired when the speech recognition can’t recognise speechn if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_nomatch’);n }nn self.hideTrending(self);n self.showRetryLink(self);n self.errorAudio.play();n }n }; // trigger onReady event when initializednnn if (document && document.dispatchEvent) {n document.dispatchEvent(new Event(‘VOICE_JS_READY’));n }n }n } // static membersnnn VoiceSearch.I18n = I18n; // instance membersnn VoiceSearch.prototype.renderPermissionGuide = function (self) {n var tmpl = “\n

\n \n

\n

\n \n

\n

\n

“.concat(self.i18n.t(‘search.voice.permission_title’), “

\n

“).concat(self.i18n.t(‘search.voice.permission_text’), “

\n

\n

\n

\n “);n var dom = new DOMParser().parseFromString(tmpl, ‘text/html’);n document.body.appendChild(dom.body.children[0]);n };nn VoiceSearch.prototype.renderSpeechPanel = function (self) {n var tmpl = “\n

\n \n \n

\n

\n

\n \n \n \n \n \n \n

\n

\n

\n \n \n “.concat(self.i18n.t(‘search.voice.recognition_retry’), “\n

\n

\n

\n

\n

\n

\n “).concat(self.i18n.t(‘search.voice.trending_title’), “\n \n

\n

\n

\n “);n var dom = new DOMParser().parseFromString(tmpl, ‘text/html’);nn if (self && self.config && self.config.ui && self.config.ui.speechOverlay && self.config.ui.speechOverlay.disableBlur) {n dom.body.children[0].classList.add(‘disable-blur-overlay’);n }nn document.body.appendChild(dom.body.children[0]);n };nn VoiceSearch.prototype.isBrowserSupported = function () {n var isSupported = false;n var self = this;n var isChromium = Boolean(window.chrome);n var isIOSChrome = /CriOS/.test(window.navigator.userAgent);n var isEdge = /Edg\//.test(window.navigator.userAgent);n var isLegacyEdge = /Edge\//.test(window.navigator.userAgent);n var isOpera = Boolean(window.opr);n var isBrave = Boolean(window.navigator.brave);n var browsers = [// chromen {n checkEnabled: function checkEnabled() {n return true;n },n checkBrowser: function checkBrowser() {n return isChromium && !isIOSChrome && !isEdge && !isOpera && !isBrave;n },n checkAPI: function checkAPI() {n return win && (‘SpeechRecognition’ in win || ‘webkitSpeechRecognition’ in win) && (‘SpeechGrammarList’ in win || ‘webkitSpeechGrammarList’ in win);n }n }, // edgen {n checkEnabled: function checkEnabled() {n return self && self.config && self.config.browsers && self.config.browsers.edge;n },n checkBrowser: function checkBrowser() {n return isChromium && isEdge && !isLegacyEdge;n },n checkAPI: function checkAPI() {n return win && (‘SpeechRecognition’ in win || ‘webkitSpeechRecognition’ in win) && (‘SpeechGrammarList’ in win || ‘webkitSpeechGrammarList’ in win);n }n }];nn for (var b = 0; b < browsers.length; b++) {n var browser = browsers[b];nn if (browser && browser.checkBrowser && browser.checkBrowser() && browser.checkEnabled && browser.checkEnabled(self) && browser.checkAPI && browser.checkAPI()) {n isSupported = true;n }n }nn return isSupported;n };nn VoiceSearch.prototype.recognitionInit = function (self) {n // Initialize flags for checking whether user is speaking or notn self.speechResult = ”;n self.noSpeech = true;n self.isRecognitionStart = true;n };nn VoiceSearch.prototype.showPermissionGuide = function (self) {n if (self.permissionGuide) {n self.permissionGuide.classList.remove(“hide”);n }n };nn VoiceSearch.prototype.hidePermissionGuide = function (self) {n if (self.permissionGuide) {n self.permissionGuide.classList.add(“hide”);n }n };nn VoiceSearch.prototype.getTrending = function (self) {n // Call api for trending termsn if (!self.config.enable_voice_trending || !self.trending) {n return;n }nn var url = “https://api.search.yahoo.com/data/v3/search?appid=4d234a9d&market=” + self.config.trending.market + “&features=trending.voice”;n self.ajaxReq(url, function (resBody) {n if (!resBody || !resBody.response || !resBody.response.search || !resBody.response.search.results || !resBody.response.search.results[“trending.voice”]) {n return;n }nn var terms = resBody.response.search.results[“trending.voice”].data;n self.showTrending(self, terms);n });n };nn VoiceSearch.prototype.showTrending = function (self, terms) {n // params checkn if (!Array.isArray(terms) || terms.length < 3) {n return;n } // DOM checknnn if (!self.trending || !self.termSpans || !self.termSpans[0]) {n return;n }nn var trendingLabel = ”;n trendingLabel += ‘”‘ + terms[0].text + ‘”‘ + ‘, ‘;n trendingLabel += ‘”‘ + terms[1].text + ‘”‘ + ‘ ‘;n trendingLabel += self.i18n.t(‘search.voice.trending_or’) + ‘ ‘;n trendingLabel += ‘”‘ + terms[2].text + ‘”‘;n self.termSpans[0].innerText = trendingLabel;n self.trending.classList.remove(“hide”);n };nn VoiceSearch.prototype.hideTrending = function (self) {n if (!self.trending) {n return;n }nn self.trending.classList.add(“hide”);n };nn VoiceSearch.prototype.showRetryLink = function (self) {n if (self.retryLink) {n self.retryLink.innerText = self.i18n.t(‘search.voice.recognition_retry’);n self.retryLink.classList.remove(“hide”);n }n };nn VoiceSearch.prototype.hideRetryLink = function (self) {n if (self.retryLink) {n self.retryLink.classList.add(“hide”);n }n };nn VoiceSearch.prototype.startRecognition = function (self) {n self.hidePermissionGuide(self);n self.getTrending(self);n self.startAudio.play();nn if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_start’);n win.setTimeout(function () {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_listening’);n }, 2000);n }nn if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb-h”);n self.speechPanel.classList.add(“s2tb”);n }nn self.hideRetryLink(self);n };nn VoiceSearch.prototype.closePanel = function (self) {n self.closeAudio.play();n win.setTimeout(function () {n if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb”);n self.speechPanel.classList.add(“s2tb-h”);n }nn self.hideTrending(self);n self.hideRetryLink(self); // clean up esc listenernn doc.removeEventListener(‘keydown’, self.onEscKeyDown);n }, 100);n };nn VoiceSearch.prototype.handlePunctuation = function (self) {n if (self.speechResult.length > 0) {n var lastChar = self.speechResult.charAt(self.speechResult.length – 1);nn if (lastChar === ‘.’ || lastChar === ‘?’ || lastChar === ‘。’ || lastChar === ‘?’) {n self.speechResult = self.speechResult.slice(0, -1);n }n }n };nn VoiceSearch.prototype.sendBeacon = function (actn, slk) {n var ULT = win.YAHOO.ULT || {},n SB = win.YAHOO.SB || {};nn if (ULT.beacon_click) {n var trackParams = {n _S: SB.config.i13n.spaceid,n _I: SB.config.i13n.pvid,n actn: actn,n sec: ‘search’,n slk: slkn };n win.YAHOO.ULT.beacon_click(trackParams);n }n };nn VoiceSearch.prototype.ajaxReq = function (url, callback) {n var DONE_STATE = XMLHttpRequest.DONE || 4; // for IE-compatibilitynn var xhr = new XMLHttpRequest();n var responseRaw;n var response; // CORS request only for IE8/IE9nn if (doc.documentMode && doc.documentMode < 10) {n var xdr = new win.XDomainRequest();nn xdr.onload = function () {n try {n response = JSON.parse(responseRaw);n callback(response);n } catch (err) {n return;n }n };nn xhr.open(‘GET’, url);n xhr.send();n return;n } // CORS request for browers newer than IE9nnn xhr.onreadystatechange = function () {n if (xhr.readyState !== DONE_STATE) {n return;n } // handle ajax responsennn switch (xhr.status) {n case 200:n responseRaw = xhr.responseText;nn try {n response = JSON.parse(responseRaw);n callback(response);n } catch (err) {n return;n }nn break;nn default:n // non-200 status code: retry or assume failuren callback(response);n break;n }n };nn xhr.open(‘GET’, url, true);n /* aync request */nn xhr.timeout = 10000;n xhr.send();n };nn if (!win.YAHOO) {n win.YAHOO = {};n }nn if (!win.YAHOO.Util) {n win.YAHOO.Util = {};n }nn win.YAHOO.Util.VoiceSearch = VoiceSearch;n})(window, document);nn//# sourceURL=webpack://@vzmi/voicejs/./src/index.js?”)},”./src/lib/I18n.js”:
/*!*************************!*
!*** ./src/lib/I18n.js ***!
*************************/function(module,__unused_webpack_exports,__webpack_require__){eval(“module.exports = function () {n var LANG_LIST = __webpack_require__(/*! ./lang_list.json */ “./src/lib/lang_list.json”);nn var DEFAULT_LANG = ‘default’;nn var isValidLang = function isValidLang(lang) {n return LANG_LIST.indexOf(lang) !== -1;n }; // convert language strings to key-value mapnnn var buildStrMap = function buildStrMap(langStrings) {n return langStrings.reduce(function (strMap, item) {n strMap[item.id] = item.defaultMessage;n return strMap;n }, {});n };nn var I18n = function I18n(options) {n // initializen this.lang = isValidLang(options && options.lang) ? options.lang : DEFAULT_LANG;n }; // static membersnnn I18n.langMap = {};n I18n.langMap[DEFAULT_LANG] = buildStrMap(__webpack_require__(/*! ../lang/strings.json */ “./src/lang/strings.json”));nn I18n.setLangMap = function (lang, strings) {n if (lang && strings) {n I18n.langMap[lang] = buildStrMap(strings);n }n }; // instance membersnnn I18n.prototype = {n t: function t(id) {n switch (true) {n // look up target languagen case Boolean(I18n.langMap && I18n.langMap[this.lang] && I18n.langMap[this.lang][id]):n return I18n.langMap[this.lang][id];n // fallback to default stringsnn case Boolean(I18n.langMap && I18n.langMap[DEFAULT_LANG] && I18n.langMap[DEFAULT_LANG][id]):n return I18n.langMap[DEFAULT_LANG][id];nn default:n return ”;n }n }n };n return I18n;n}();nn//# sourceURL=webpack://@vzmi/voicejs/./src/lib/I18n.js?”)},”./node_modules/css-loader/dist/cjs.js!./node_modules/postcss-loader/dist/cjs.js!./src/index.css”:
/*!*******************************************************************************************************!*
!*** ./node_modules/css-loader/dist/cjs.js!./node_modules/postcss-loader/dist/cjs.js!./src/index.css ***!
*******************************************************************************************************/function(module,__webpack_exports__,__webpack_require__){eval(‘__webpack_require__.r(__webpack_exports__);n/* harmony import */ var _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0__ = __webpack_require__(/*! ../node_modules/css-loader/dist/runtime/api.js */ “./node_modules/css-loader/dist/runtime/api.js”);n/* harmony import */ var _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0___default = /*#__PURE__*/__webpack_require__.n(_node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0__);n// Importsnnvar ___CSS_LOADER_EXPORT___ = _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0___default()(function(i){return i[1]});n// Modulen___CSS_LOADER_EXPORT___.push([module.id, “/* Sprites */\n#spchp.permission-guide .guide .microphone .sprite,\n#spchp .close-button,\n#spch .close-button,\n#spch .spchc .microphone,\n#spch .spchc .speaking .microphone {\n background-image: url(https://s.yimg.com/pv/static/img/voiceSearch1x-1620383531565.min.png);\n background-repeat: no-repeat;\n background-size: initial;\n color: transparent;\n}\n/* Retina displays */\n@media\n only screen and (-webkit-min-device-pixel-ratio: 2),\n only screen and (min-device-pixel-ratio: 2),\n only screen and (min-resolution: 192dpi),\n only screen and (min-resolution: 2dppx) {\n#spchp.permission-guide .guide .microphone .sprite,\n#spchp .close-button,\n#spch .close-button,\n#spch .spchc .microphone,\n#spch .spchc .speaking .microphone {\n background-size: 41px 330px;\n background-image: url(https://s.yimg.com/pv/static/img/voiceSearch2x-1620383531565.min.png)\n}\n }\n\n/* permission guide */\n#spchp.permission-guide {\n height: 100%;\n width: 100%;\n padding: 0;\n opacity: 0.9;\n background-color: #fff;\n left: 0;\n overflow: hidden;\n position: fixed;\n text-align: left;\n top: 0;\n z-index: 10000;\n transition: visibility 0s linear 0.218s, background-color 0.218s;\n}\n#spchp.permission-guide .close-button {\n background-position: 0 0;\n width: 24px;\n height: 24px;\n border: none;\n cursor: pointer;\n right: 0;\n margin: 20px;\n padding: 0;\n position: absolute;\n top: 0;\n z-index: 10;\n opacity: 0.8;\n }\n#spchp.permission-guide .close-button:hover {\n opacity: 1;\n }\n#spchp.permission-guide .guide {\n margin: 191px 0 0 507px;\n }\n#spchp.permission-guide .guide .microphone {\n height: 68px;\n width: 52px;\n border-right: 1px solid #232a31;\n float: left;\n }\n#spchp.permission-guide .guide .microphone .sprite {\n background-position: 0 -105px;\n width: 28px;\n height: 28px;\n }\n#spchp.permission-guide .guide .guide-text {\n height: 68px;\n margin-left: 24px;\n float: left;\n }\n#spchp.permission-guide .guide .guide-text .title {\n color: #232a31;\n font-size: 32px;\n font-family: HelveticaNeue-Bold;\n line-height: 28px;\n margin-bottom: 16px;\n }\n#spchp.permission-guide .guide .guide-text .text {\n color: #232a31;\n font-size: 16px;\n line-height: 28px;\n }\n#spchp.permission-guide.hide {\n display: none;\n }\n\n/* speech panel */\n#spch.spch {\n background: #fff;\n height: 100%;\n left: 0;\n opacity: 0;\n overflow: hidden;\n position: fixed;\n text-align: left;\n top: 0;\n visibility: hidden;\n width: 100%;\n z-index: 10000;\n transition: visibility 0s linear 0.218s, background-color 0.218s;\n}\n#spch.spch .close-button {\n background-position: 0 0;\n width: 24px;\n height: 24px;\n border: none;\n cursor: pointer;\n right: 0;\n margin: 20px;\n padding: 0;\n position: absolute;\n top: 0;\n z-index: 10;\n opacity: 0.8;\n }\n#spch.spch .close-button:hover {\n opacity: 1;\n }\n#spch.spch .spchc {\n display: block;\n height: 97px;\n pointer-events: none;\n }\n#spch.spch .spchc .inner-container {\n width: 100%;\n height: 100%;\n opacity: 0.1;\n pointer-events: none;\n transition: opacity 0.318s ease-in;\n }\n#spch.spch .spchc .inner-container .spch-control {\n display: inline-block;\n }\n#spch.spch .spchc .inner-container .text-container {\n float: left;\n height: 91px;\n overflow: hidden;\n margin: 3px 0;\n pointer-events: none;\n width: calc(50% – 48.5px);\n }\n#spch.spch .spchc .inner-container .text-container p {\n display: table-cell;\n vertical-align: middle;\n width: 550px;\n height: 97px;\n }\n#spch.spch .spchc .inner-container .text-container .spcht {\n font-weight: normal;\n color: #6e7780;\n line-height: normal;\n opacity: 0;\n pointer-events: none;\n text-align: left;\n -webkit-font-smoothing: antialiased;\n transition: opacity 0.1s ease-in, margin-left 0.5s ease-in, top 0s linear 0.218s;\n }\n#spch.spch .spchc .inner-container .text-container .spcht.hide {\n display: none;\n }\n#spch.spch .spchc .inner-container .text-container #spcht-retry {\n color: #0f69ff;\n cursor: pointer;\n pointer-events: auto;\n }\n#spch.spch .spchc .inner-container .button-container {\n pointer-events: none;\n position: relative;\n transition: transform 0.218s, opacity 0.218s ease-in;\n }\n#spch.spch .spchc .inner-container .button-container .button {\n background-color: #fff;\n border: 1px solid #eee;\n border-radius: 100%;\n bottom: 0;\n box-shadow: 0 2px 5px rgba(0, 0, 0, 0.1);\n cursor: pointer;\n display: inline-block;\n left: 0;\n opacity: 0;\n pointer-events: none;\n position: absolute;\n right: 0;\n top: 0;\n transition: background-color 0.218s, border 0.218s, box-shadow 0.218s;\n }\n#spch.spch .spchc .inner-container .button-container .button .microphone {\n background-position: 0 -24px;\n width: 41px;\n height: 41px;\n left: 27px;\n pointer-events: none;\n position: absolute;\n top: 27px;\n transform: scale(1);\n }\n#spch.spch .spchc .inner-container .button-container.listening .ripple {\n position: absolute;\n width: 136px;\n height: 136px;\n z-index: -1;\n left: 50%;\n top: 50%;\n opacity: 0;\n margin: -70px 0 0 -70px;\n border-radius: 100px;\n -webkit-animation: ripple 3.3s infinite;\n animation: ripple 3.3s infinite;\n background-color: #fff !important;\n border: 2px solid #e0e4e9;\n }\n#spch.spch .spchc .inner-container .button-container.listening .ripple:nth-child(2) {\n -webkit-animation-delay: 1.1s;\n animation-delay: 1.1s;\n }\n#spch.spch .spchc .inner-container .button-container.listening .ripple:nth-child(3) {\n -webkit-animation-delay: 2.2s;\n animation-delay: 2.2s;\n }\n#spch.spch .spchc .inner-container .button-container.speaking .button {\n background-color: #0f69ff;\n }\n#spch.spch .spchc .inner-container .button-container.speaking .button .microphone {\n background-position: 0 -65px;\n width: 40px;\n height: 40px;\n pointer-events: none;\n position: absolute;\n transform: scale(1);\n }\n#spch.spch .spchc .inner-container .button-container.speaking .ripple {\n background-size: 114px;\n position: absolute;\n width: 114px;\n height: 114px;\n z-index: -1;\n left: 50%;\n top: 50%;\n margin: -57px 0 0 -57px;\n -webkit-animation: speakingRipple1 2s infinite;\n animation: speakingRipple1 2s infinite;\n }\n#spch.spch .spchc .inner-container .button-container.speaking .ripple:nth-child(2) {\n background-size: 123px;\n width: 123px;\n height: 123px;\n margin: -62px 0 0 -62px;\n -webkit-animation: speakingRipple2 2s infinite;\n animation: speakingRipple2 2s infinite;\n }\n#spch.spch .spchc .inner-container .button-container.speaking .ripple:nth-child(3) {\n background-size: 136px;\n width: 136px;\n height: 136px;\n margin: -68px 0 0 -68px;\n -webkit-animation: speakingRipple3 2s infinite;\n animation: speakingRipple3 2s infinite;\n }\n#spch.spch .spcho {\n background-image: linear-gradient(to bottom, rgb(255, 255, 255) 50%, rgba(255, 255, 255, 0) 99%);\n display: block;\n min-width: 100%;\n text-align: center;\n top: 145px;\n padding-bottom: 71px;\n pointer-events: auto;\n }\n#spch.spch .spcho #spch-trending {\n -webkit-animation: fadeIn 1s forwards;\n animation: fadeIn 1s forwards;\n opacity: 0;\n }\n#spch.spch .spcho #spch-trending .trending {\n color: 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(Bloomberg) — Russia may face a longer and deeper recession as the impact of US and European sanctions spreads, handicapping sectors that the country has relied on for years to power its economy, according to an internal report prepared for the government.

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The document, the result of months of work by officials and experts trying to assess the true impact of Russia’s economic isolation due to President Vladimir Putin’s invasion of Ukraine, paints a far more dire picture than officials usually do in their upbeat public pronouncements. Bloomberg viewed a copy of the report, drafted for a closed-door meeting of top officials on Aug. 30. People familiar with the deliberations confirmed its authenticity.

Two of the three scenarios in the report show the contraction accelerating next year, with the economy returning to the prewar level only at the end of the decade or later. The “inertial” one sees the economy bottoming out next year 8.3% below the 2021 level, while the “stress” scenario puts the low in 2024 at 11.9% under last year’s level.

All the scenarios see the pressure of sanctions intensifying, with more countries likely to join them. Europe’s sharp turn away from Russian oil and gas may also hit the Kremlin’s ability to supply its own market, the report said.

Beyond the restrictions themselves, which cover about a quarter of imports and exports, the report details how Russia now faces a “blockade” that “has affected practically all forms of transport,” further cutting off the country’s economy. Technological and financial curbs add to the pressure. The report estimates as many as 200,000 IT specialists may leave the country by 2025, the first official forecast of the widening brain drain.

Publicly, officials say the hit from sanctions has been less than feared, with the contraction possibly less than 3% this year and even less in 2023. Outside economists have also adjusted the outlooks for this year, backing off initial forecasts of a deep recession as the economy has held up better than expected.

Export Drop

The document calls for a raft of measures to support the economy and further ease the impact of the restrictions in order to get the economy recovering to pre-war levels in 2024 and growing steadily after that. But the steps include many of the same measures to stimulate investment that the government has touted over the last decade, when growth largely stagnated even without sanctions.

The government press service referred a query about the report to the Economy Ministry, which didn’t immediately respond to a request for comment.

What Bloomberg Economics Says…

“With diminished access to Western technologies, a wave of foreign corporate divestment and demographic headwinds ahead, the country’s potential growth is set to shrink to 0.5%-1.0% in the next decade. Thereafter, it will shrink further still, down to just above zero by 2050. Russia will also be increasingly vulnerable to a decline in global commodity prices, as international reserves no longer provide a buffer.” -Alexander Isakov, Russia economist

Over the next year or two, the report warns of “reduced production volumes in a range of export-oriented sectors,” from oil and gas to metals, chemicals and wood products. While some rebound is possible later, “these sectors will cease to be the drivers of the economy.”

No, Yale – Sanctions Have Not Triggered a Collapse in Russia

A full cutoff of gas to Europe, Russia’s main export market, could cost as much as 400 billion rubles ($6.6 billion) a year in lost tax revenues, according to the report. It won’t be possible to fully compensate the lost sales with new export markets even in the medium term.

Oil Sector Hit

As a result, output will have to be reduced, threatening Kremlin goals for expanding domestic gas supplies, the report said. The lack of technology needed for liquefied natural gas plants is “critical” and may hamper efforts to build new ones.

Europe’s plans to stop importing Russian oil products — about 55% of exports went there last year — could trigger sharp cuts in production leaving the domestic market short of fuel, as well.

Metals producers are losing $5.7 billion a year from the restrictions, the report said.

If the world economy slips into recession, the report warns, Russia could see exports cut further as it becomes the “swing supplier” on global markets, with demand for its products disappearing first. That could trigger a plunge in the ruble and a spike in inflation.

On the import side, “the main short-term risk is the suspension of production due to lack of imported raw materials and components.” Over the longer term, the inability to repair imported equipment could permanently limit growth, the report said.

‘Critical Imports’

“There are simply no alternative suppliers for some critical imports,” it said.

Even in the farm sector, where the Kremlin has touted its efforts at replacing foreign supplies, dependence on key inputs could force Russians to reduce their food consumption as supplies dwindle, according to the report.

Restrictions on access to western technology may push Russia a generation or two behind current standards as it’s forced to rely on less advanced alternatives from China and Southeast Asia.

The report warns that sanctions will also force the government to revise a range of the development targets that Putin had set before the war, including those for boosting population growth and life expectancy.

On a sectoral basis, the report details the breadth of the hit from sanctions:

Agriculture: Fully 99% of poultry production and 30% of Holstein dairy cattle output depends on imports. Seeds for staples like sugar beets and potatoes are also mostly brought in from outside the country, as are fish feeds and aminoacids.

Aviation: 95% of passenger volume is carried on foreign-made planes and the lack of access to imported spare parts could lead the fleet to shrink as they go out of service

Machine-building: only 30% of machine tools are Russian-made and local industry doesn’t have the capacity to cover rising demand

Pharmaceuticals: About 80% of domestic production relies on imported raw materials

Transport: EU restrictions have tripled costs for road shipments

Communications and IT: Restrictions on SIM cards could leave Russia short of them by 2025, while its telecommunications sector may fall five years behind world leaders in 2022.

(Updates with economist comment from ninth paragraph)

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©2022 Bloomberg L.P.

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Woes in China’s residential property market are expected to deepen this year as homebuyers remain cautious, with economists now expecting home prices to fall in 2022 and betting on a faster drop in property sales than previously forecast. New home prices are expected to fall 1.4% in 2022, according to a Reuters survey of more than 10 analysts and economists polled between Aug. 29 and Sept. 2. Property sales were seen slumping 24.5% in 2022, a far bigger drop than the 10% fall forecast in the May poll.

Bloomberg

China’s Currency Struggles Spell Trouble Across Emerging Markets

(Bloomberg) — Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesBed Bath & Beyond CFO Died in Fall From NYC BuildingNASA’s Artemis Rocket Is a Gigantic Waste of MoneyGermany to Make ‘Billions’ Off Energy Firm Levy, Scholz SaysWorld’s Deadliest Roads in Focus After Billionaire’s Fatal CrashJust months ago, the Chinese yuan was reigning supreme as emerging markets’ own haven asset, shielding investors from the turbulence of war and runaway inflation.Today, it’s turn

Associated Press

Israel: Attack on bus in West Bank wounds 5 troops, civilian

Palestinian gunmen opened fire on a bus carrying a group of Israeli soldiers in the occupied West Bank on Sunday, wounding five soldiers, one of them seriously, as well as the civilian bus driver, the Israeli military said. The Israeli military said three attackers traveling in a pickup bus carried out the attack. Lt. Col. Richard Hecht, a military spokesman, said two of the attackers were captured and taken to an Israeli hospital with serious burns.

Investopedia

Average Net Worth of the 1%

An American would need to be worth a minimum of $11.1 million to get into the 1% club. Here’s a look at the super-rich.

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