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August 5, 2022Newsletter

Russia Update: August 5, 2022

Diplomacy

No news of note

Sanctions

No news of note

Consequences

Russian President Vladimir Putin signed a presidential decree banning oil companies and banks from exiting the country before the end of the year.

Russia and Turkey announced they would strengthen their economic cooperation as Russia seeks alternative markets for its exports.

Ukraine Sitrep

The Pentagon will reportedly announce an additional $1 billion in military aid on Monday.

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