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Ukraine war cuts foreign investors off from their Russian assets

The conflict has dealt a huge blow to the integration of Russian companies with western stock exchanges

Western sanctions on Russia were designed to isolate the country from the international financial system but the economic offensive has also left international traders who hold shares in Russian companies cut off from their assets.

As Russian forces pushed into Ukraine, the US and the EU unleashed waves of measures against companies and individuals they alleged had close ties to Vladimir Putin’s regime.

Among the first moves were measures to stop Russian companies from raising money on overseas markets, like London or New York.

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