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You're reading: Timothy Ash: Time to think about worst-case scenarios in Ukraine-Russia crisis

 SUMMARY:

·        
Analysts
have been behind the curve on the Ukraine/Russia crisis, typically neglecting
to consider worse case scenarios, which have tended to result. Now might be the
time to think through the consequences of less market-friendly outcomes.

·        
The
military status quo on the ground appears unsustainable. The Ukrainian military
is making significant gains, and is eager to secure victory by the time of
parliamentary elections in October.

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