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By bne IntelliNews A new report released by the Center for European Policy Analysis (CEPA) estimates the total damages from the Ukraine war at between $485bn and $1 trillion and notes that Western aid delivered thus far has been woefully inadequate for genuine reconstruction. Total damages As of January 2024, the total physical damage inflicted by the Ukraine war have reached $154.9bn, according to the CEPA report. This damage encompasses the direct costs of destroyed or damaged physical assets and infrastructure, reflecting the extensive toll exacted by the conflict. With Russia’s retreat fro…

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