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Russia is destroying Ukraine’s economy, raising costs for U.S. and allies

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KYIV, Ukraine — At a closed-door meeting at the National Bank of Ukraine, which now has a military checkpoint just outside its headquarters, senior officials last week confronted new projections that their country’s war-ravaged economy could sink even further.

Two months of relentless missile and drone attacks by Russia have decimated Ukraine’s critical infrastructure and blown a hole in previous economic forecasts. Before those strikes, Kyiv expected to need at least $55 billion in foreign assistance next year to meet basic expenses — more than the country’s entire annual prewar spending.

Now, with its energy systems severely battered, and more Russian attacks likely, some officials believe Ukraine could end up needing another $2 billion a month, and political leaders have begun trying to brace Western supporters for such worst-case scenarios.

“What do you do when you can’t heat your house,…

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