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Features

Putin’s billions: have sanctions backfired?

Is the Kremlin winning the sanctions war?

25 June 2022

9:00 AM

25 June 2022

9:00 AM

When Vladimir Putin sent his tanks into Ukraine on 24 February, he did so under the assumption that the West was too ruptured and disjointed to pull together a unified response. It was the first of many miscalculations. That same day, Boris Johnson promised ‘massive’ economic sanctions that would ‘hobble’ Russia’s economy to the point of shutdown.

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