Moscow and the West have suffered from economic restrictions but they are a boon for neutral parties, according to Bank of Canada analysts Nations can benefit by refusing to support Western sanctions against Russia, analysts at the Bank of Canada have claimed in a recent research paper. In a paper released last week titled ‘International Economic Sanctions and Third-Country Effects’, experts compared the impact of sanctions on Russia as the targeted country, as well as their effect on the US, EU, and UK as ‘sanctioning’ parties, and large ‘third-party’ economies China, India, and Türkiye. The calculations were ba
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