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Franklin Templeton Investments

2021 Top 500 ranking: 13

Miscalculations and Recalculations

FT - Miscalculations

Russia’s President Vladimir Putin has fully miscalculated the West’s response to his invasion of Ukraine. The speed, strength and unity of global sanctions is bringing about economic collapse in his country. A survey of economists by the Bank of Russia indicates the economy will contract 8% in 2022 and inflation ...

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