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War in Ukraine: Macroeconomic implications for the EU

The Sound of Economics

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What Does This Mean for the Russic Economy?

"You can't have it both ways," says Jean-Claude Van Damme. "It's either big or small for russia, and even smaller for the world." The Russian rouble has collapsed in value since sanctions were imposed last week. But he believes that while things are going to get very bad, they won't reach a point of collapse.

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