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Emerging MarketsEM CEE

‘Fortress Russia’ to withstand sanctions but cracks appear

PA_Putin_575x375_04Feb2021

The spectre of imminent US-led sanctions against Russia has reappeared following the controversial imprisonment of opposition leader Alexey Navalny. While some say “Fortress Russia” will survive with or without sanctions, others believe the country’s already isolated capital markets and its access to funding could come under intense strain, writes Mariam Meskin.

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