Russia's economy will be hit hard by Western sanctions, but President Vladimir Putin faces no immediate political risk and his government will likely weather the economic fallout, a prominent Russian economist and banker said. In an interview with RFE/RL’s Russian Service, Andrei Movchan said the war in Ukraine -- now in its fourth month -- was a powerful drain on the Russian government coffers, as were the punitive sanctions imposed by the West in response. But he said that high global oil prices would buttress the government’s finances…
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