Top Russian officials acknowledged that Western sanctions have dealt “serious blows” to Russia’s economy as Moscow continues its attack on Ukraine. “Russia’s economy is experiencing serious blows,” Kremlin spokesman Dmitry Peskov told CNN and other news outlets on Wednesday. “But there is a certain margin of safety, there is potential, there are some plans, work is underway,” he added. Since Russia invaded its neighbor, the United States, European Union, and other countries have imposed harsh sanctions on Russia’s economy, including its Central Bank, Russian President Vladimir Putin, and its oligarchs. Data shows that the sanctions have contributed to the ruble losing 30 percent of its value in only a few days, while the Russian stock exchange has lost some 40 percent in less than a week of fighting. Other than sanctions, the United States, EU, the UK, Canada, and several other nations said they would deny Russia to use their respective …