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"This is a very unfortunate development," Mr. Guriev told The Washington Times in emailed comments from Paris. "Mr. White has been one of the most devoted and optimistic private investors and advisers to young Russian innovators."

Kendrick White dismissed from Russian university post amid 'information war' with West →

"With the current structure of the economy, 6 percent is feasible only if oil prices grow 20 percent every year," Mr. Guriev said.

Putin's campaign promises pose economic challenges →