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Sanctions force Russia to cut defense spending for first time since ’98, study says

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(G.N.S) DT.02 STOCKHOLM – Russia’s military spending fell sharply in 2017 for the first time since 1998 as a slew of Western economic sanctions hit government coffers hard, a closely followed review said Wednesday. Despite soaring tensions between Moscow and the West, Russia’s military expenses last year came in at $66.3

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