Financial Screws Turned On Russia As Insurers Exit, London Stocks Halted

Financial Screws Turned On Russia As Insurers Exit, London Stocks Halted

By Carolyn Cohn and Lawrence White LONDON (Reuters) – Russia’s global financial isolation intensified on Friday as the London Stock Exchange (LSE) suspended trading in its last Russian securities and some insurers withdrew cover from exporters over Moscow’s invasion of Ukraine. Banks, investors and insurers have in recent days ratcheted up that pressure by exiting…

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Stuck But Not Sweating It: Some U.S. Investors In Russia Not Kneejerk-selling

Stuck But Not Sweating It: Some U.S. Investors In Russia Not Kneejerk-selling

By Davide Barbuscia NEW YORK (Reuters) – U.S. investors may be in a rush to dump Russian assets after Western allies hit Moscow with sanctions, but a few fund managers with a relatively small exposure to Russia are avoiding kneejerk decisions amid trading constraints and price dives. International sanctions have increasingly punished Moscow after the…

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