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U.S. officials spent hundreds of hours over five months debating, crafting and then touting a punishing array of economic sanctions to try to scare Russian President Vladimir Putin off invading Ukraine, but almost from the beginning, many shared the same view: This strategy probably won’t work.

Those concerns became reality Thursday after Putin announced a military operation to “protect” the Donbas region of Ukraine, raising fears of an imminent, full-scale invasion across the entire country. In a late-night statement, U.S. President Joe Biden said that he would announce “further consequences” for Russia later Thursday, in addition to sanctions unveiled earlier in the week.

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