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Putin Says Russia Beat ‘Economic Blitzkrieg,’ Warns of Hardship

  • Sanctions adjustment will boost unemployment, inflation: Putin
  • President orders increases in social payments, state salaries
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WATCH: “The new realities will require deep structural changes in our economy,” Putin said Wednesday. (Russian with English subtitles.)Source: Bloomberg
Bloomberg News

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President Vladimir Putin said Russia survived an “economic blitzkrieg” of international sanctions over its war on Ukraine, as he warned the country faces rising joblessness and inflation as it adjusts.