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Bloomberg: Russian default won’t win the war, West should target Russia’s oil and gas

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In its recent editorial, Bloomberg wrote that keeping financial pressure on Russian dictator Vladimir Putin’s regime is “justified – but it’s no game-changer.” The U.S. and its allies should keep their focus on Russia’s exports of oil and gas, the country's main economic vulnerability, Bloomberg says. "Embarrassing Putin with a formal debt default would be well and good. But stopping the war demands a renewed commitment to economic isolation."

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Russia attacked Kharkiv with drones on Oct. 22, damaging a kindergarten and killing one person, injuring at least six, local authorities reported.

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Former U.S. Ambassador Steven Pifer discusses recent U-turn in U.S. President Trump’s policy on Ukraine following a phone call with Putin. Pifer says that Trump can still end Russia’s war if he starts using leverage on Moscow but argues that, regardless, Ukraine and Europe should assume they will have to manage the conflict without U.S. support.

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