Quotation of the Day: Putin Reminds West He Has Economic Weapons as Well - The New York Times

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Sunday, April 3, 2022

“The lesson for the West is that the effectiveness of financial sanctions can only go so far absent trade sanctions.”

OXFORD ECONOMICS, a global advisory firm that estimated that $9.3 billion was injected into Russia’s economy in March alone from its energy giant Gazprom because of soaring energy prices and gas export revenues.

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