[CNA] Europe not to buy Russian oil and gas for sanctions success, says Nobel economics laureate

[/ATTACH][BR] Nobel Prize-winning economist Joseph Stiglitz said on Tuesday that the size and speed of economic and financial sanctions against Russia would make them effective, but warned that Europe should stop buying Russian oil and gas. [HE SAID MOSCOW'S ABILITY TO WAGE WAR IN UKRAINE WOULD BE DIMINISHED BY THE IMPACT OF SANCTIONS ON ITS ECONOMY.

"They have lost a huge amount of military equipment.
(CNA)


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