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Explainer: Why Russia’s nuclear industry has escaped major sanctions
Russia

Explainer: Why Russia’s nuclear industry has escaped major sanctions

by Toby Woodall

Since the start of its full-scale invasion of Ukraine, Russia has repeatedly threatened the use of atomic weapons, yet its much-prized nuclear industry has faced little in the way of meaningful sanctions. Russia's state atomic corporation, Rosatom, is a key part of the country's military-industrial complex — and is increasingly expanding its reach beyond nuclear weapons. By far the world's largest exporter of reactors and enriched uranium, it is a major player in the global civil nuclear indust

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The Kyiv Independent’s coverage of news on Russia. Spanning eleven time zones across Eastern Europe and Asia, Russia has an estimated population of 146 million people. Russia’s capital city is Moscow, which is home to almost one in 10 Russians. Russia’s official currency is the Russian Ruble.

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About the author: Olena Havrylchyk is a Professor of Economics at the University Paris 1 Panthéon-Sorbonne. The proposal to use immobilized Russian assets to finance a "reparation loan" for Ukraine will again be discussed at the next European Council meeting on Dec. 18 and 19. The purpose of this loan is to advance Russia’s future reparations in order to cover Ukraine’s reconstruction and recovery needs, which are estimated at 506 billion euros (nearly $589 billion). At the previous summit, B

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