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The Times

the latest financial sanctions will cripple Russia's economy

  • Written by Steven Hamilton, Visiting Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University

The financial measures just announced against Russia are unprecedented for a country of Russia’s size.

This of course means it’s impossible to predict exactly how their impacts will reverberate around the Russian–and global–economy. And we still need to see the exact details of the plan.

But on their face they threaten the...

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