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Limited Macro Impact From New Sanctions

The latest wave of sanctions by the US against Russia has confirmed our view that the West's response to Russia's alleged actions to destabilise Eastern Ukraine will remain of limited/symbolic nature...

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Crisis: Likely To Stop With Crimea

Russia's decision to assume de facto control of Crimea over the weekend has substantially raised political risks in Ukraine. While our core view is that Russia will consolidate control in Crimea and...

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