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Russia’s Attempts to Sanction-Proof Its Economy Have Exposed a Weak Spot
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wsj.comAfter the West pummeled Russia with sanctions for annexing Crimea from Ukraine in 2014, President Vladimir Putin embarked on what analysts have dubbed a Fortress Russia strategy, padding the country’s foreign reserves, buying gold and pivoting some exports to China.
Now, a raft of harder-hitting measures in case of a renewed incursion into Ukraine could test this approach and experts say they could cause broad economic pain, despite Mr. Putin’s efforts to cushion the blow.
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