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Seizing Russian Assets to Help Ukraine Sets Off White House Debate

“I think it’s very natural that given the enormous destruction in Ukraine and huge rebuilding costs that they will face, that we will look to Russia to help pay at […]




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Elvira Nabiullina, Head of the Central Bank, Is Guiding Russia’s Economy

“She’s well-trusted in the government and by the president,” said Sofya Donets, an economist at Renaissance Capital in Moscow who worked at the central bank from 2007 to 2019. In […]




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Amid Sanctions, Putin Reminds the World of His Own Economic Weapons

LONDON — In the five weeks since Russia invaded Ukraine, the United States, the European Union and their allies began an economic counteroffensive that has cut off Russia’s access to […]




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Russians Face Sanctions and Anxieties of a Costly War

MOSCOW — For two decades under President Vladimir V. Putin, Russians reaped the bounties of capitalism and globalization: cheap flights, affordable mortgages, a plethora of imported gadgets and cars.On Monday, […]




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Western Sanctions Aim to Isolate Putin by Undermining the Ruble

By targeting Russia’s central bank with sanctions, experts said, American and European leaders have taken aim at what could be one of President Vladimir V. Putin’s greatest weaknesses: the country’s […]