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Russian ruble's recovery masks disruptive impact of West's sanctions – but it won't make Putin seek peace

  • Written by Peter Rutland, Professor of Government, Wesleyan University
Russian ruble's recovery masks disruptive impact of West's sanctions – but it won't make Putin seek peacePeople bought the last remaining groceries at a Finnish PRISMA store that was closing down in in St. Petersburg in March.AP Photo

Six weeks into the war with Ukraine, Russia’s economy seems to be holding up better than initially expected.

Despite unprecedented sanctions and an exodus of Western companies, the Russian ruble – a widely...

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