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July 15, 2022Newsletter

Russia Update: July 15, 2022

Diplomacy

No news of note

Sanctions

The EU proposed its seventh (though privately calling it sixth-and-a-half) round of sanctions, including a ban on Russian gold and legal measures to prevent food shipments. The gold ban will reportedly affect third countries. However, economic worries are preventing the EU from going further.

Consequences

Germany is scrambling to avoid a Russian gas cutoff.

Starbucks is selling its Russian operations to a consortium.

Ukraine Sitrep

Eastern European countries are unhappy with the flow of arms from the rest of the continent to Ukraine.

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