Investors face huge losses in Russian assets worth 170 billion dollars
Sanctions on Russia: Asset managers conduct disorderly withdrawal
One hundred international banks and funds, mainly North America and Europe, have more than 34,000 million dollars (more than 31,000 million euros) trapped in bonds and credits with large energy and raw materials giants in Russia.
They are the most exposed part of the Russian economy at the moment. This comes on the heels of a report prepared by the European Climate Foundation, which monitors all economic and strategic moves taking place in the field of energy and its finance.
To continue reading become Premium
Try it for 1€ in the first month
Enjoy unlimited access to all Expansion web content
“Future teen idol. Hardcore twitter trailblazer. Infuriatingly humble travel evangelist.”