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Capital outflow: Russia changes tack

The Intelligence from The Economist

The Russians Are Changing Their Strategy in Response to the Ukranian Revolutionary War

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Nato thinks perhaps 15 thousand russians may have died in the war already. They've taken one major city, kerson, and russian control there looks pretty shaky to me. And i think there's some clear evidence that things are changing on the ground. The idea is to encircle the ukranian forces in don bas, cut them off and stop them retreating west of the nipa river and escaping. Will that work?

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