Has Moscow really overcome the sanctions regime? It is time to talk facts, not fiction.

Fellow at the Foreign Policy Research Institute.

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Four years after Russia’s full-scale invasion of Ukraine, the devastation wrought by the Kremlin’s drones, infantry, missiles and armour continues to be matched by economic destruction. This is a cost borne mostly by Ukraine: The World Bank now estimates the cost of reconstruction, were the war to end today, is now $588bn, nearly three times the country’s GDP.