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Russia's ACRA Rating Agency Says More Sanctions Are Key Risk

The possibility of more Western sanctions against Moscow is the key risk for the Russian economy, as much as 21 percent of which has already felt the impact of existing sanctions, Russia's Analytical Credit Ratings Agency said in a report Tuesday. Western sanctions are expected to weigh on Russia's oil-dependent economy in the longer run, having dented incomes of Russian households, the Kremlin-backed ACRA said. The West first imposed economic and financial sanctions against...

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