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Friday, March 29, 2024

Russia faces ‘economic oblivion’ as Western sanctions continue to eat away at GDP, new study says

Western sanctions are weighing on the Russian economy as the war in Ukraine enters its fifth month, and the country’s sinking GDP makes a full economic recovery difficult to envision, according to a new study by Yale academics including Jeffrey Sonnenfeld. The exodus of over 1,000 global companies …

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