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CNN: Sanctions will cost Russia more than $100 billion

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April 21, 2015, 8:02 p.m. | Russia and former Soviet Union — by CNN

Russian Prime Minister Dmitry Medvedev arrives to deliver a speech at the State Duma in Moscow on April 21.
© AFP

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Russian Prime Minister Dmitry Medvedev gave the first official estimate of the cost in a speech on April 21. He said the decision to annex Crimea had sparked a crisis that turned out to be "more difficult" than even the most pessimistic expectations.

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