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Tony Blair On Ukraine, Putin & NATO; A Panel On World Crises

Fareed Zakaria GPS

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Sanctions Against Russia Are a Good Idea

The share of global foreign reserves held in dollars has declined from 71% to 59%. In the two decades preceding russia's recent invasion, washington massively ramped up sanctions for all kinds of reasons by more than 900 %. Many of these measures have been over reactions and should be rolled back. You can only beat the dollar with something better - there is no effective alternative.

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