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Putin and Xi pledge a new era and condemn the United States
(www.reuters.com)
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The way you phrase this makes it seem like the oligarchs had no responsibility in shaping how Russia is today.
Russia is at least as complicit in its own destiny.
I think you can understand why any nation wouldn’t just fully embrace a failed state with their arms wide open, particularly one that, up until a recent turn, had been its most vehement opposition.