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WSJ: ‘Russia blocks economic data, hiding effect of Western sanctions.’

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Russian authorities have reportedly stopped publishing data on government debt, trade statistics, and oil production. The Wall Street Journal quotes Elina Ribakova, deputy chief economist at the Institute of International Finance, saying Russia is “trying to obscure the economic picture.” Ribakova says the blackout will make it difficult for the West to assess the damage inflicted on Russia by sanctions, making it harder to fine-tune future rounds.

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Russia failed to break Ukraine’s army on the battlefield, and now it’s trying to do it through a peace plan that would cap Ukraine’s forces at 600,000. Some argue that Ukraine would shrink its army — currently estimated at about 800,000 — after the war anyway.

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