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Fortress Russia Crumbles | Kyla Scanlon

Bankless

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Economic Sanctions and Their Impact on Russia

This chapter explores the current state of the Russia-Ukraine war, focusing on the resilience of Ukrainian forces and the far-reaching effects of economic sanctions on Russia. It examines how these sanctions have destabilized Russia's economy, including significant asset freezes and the resulting challenges for the central bank. Additionally, the discussion considers the intricate relationship between Russia and China, energy dependencies in Europe, and the broader implications for global financial systems.

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