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Sanctions, Oil Price Slump May Slow Russian Military Upgrade

Moscow, a major player in the global arms business, has worked to re-equip and modernize its armed forces in recent years as well as boost its international sales. But Dmitry Gorenburg, a senior research scientist with CNA Corporation, a Washington-based think tank specializing in defense-related issues, says the drop in world oil prices, Western sanctions and limited manufacturing capacity may force Russia to slow those ambitions. "My guess is that a lot of it will get pushed...

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