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Russia economy news: Russia earns less from oil and spends more on war. So far, sanctions are working like a slow poison

The emergency interest rate increase in Russia cannot hide the dilemma at the heart of the Russian economy: how to fund the military while not undermining the national currency and overheating the economy with corrosive and politically embarrassing inflation.
Robin Brooks Andrei Lavrov Vladimir Cheremesyev Chris Weafer Vladimir Putin Janis Kluge

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