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As the Central Bank of Russia runs out of options and bad loans accumulate on balance sheets, the Kremlin continues to privilege war-linked sectors. The post Russia will sacrifice its civilian economy on the altar of the war effort appeared first on Atlantic Council.
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Joint US-Japan intervention has helped the yen for now, but isn’t a game-changer for the currency or the economy, Japan’s former Prime Minister Fumio Kishida said in a Bloomberg TV interview in Tokyo. He touted a ¥370 trillion ($2.3 trillion) growth strategy as the long-term vision that will transfo