Lesson #450

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The West imposed some of the strongest-ever financial sanctions on Russia

West imposes financial sanctions on Russia
March 14, 2022:

After Russia invaded Ukraine, the West imposed a predictable – and usually ineffective – round of financial sanctions on Russia entities like banks, businesses, and government officials. But then, the US and the EU upped the ante and coordinated some of the strongest-ever financial sanctions on Russia. But the biggest possible sanction remains off the table. Plus, learn what it means to have a “change of heart.”

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