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Putin’s War Means Russia’s Rich Aren’t Welcome at Davos Anymore
The vodka and caviar-fueled parties usually hosted in the Swiss Alps by Russian oligarchs won’t happen in the aftermath of the invasion of Ukraine
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McDonald’s Quits Russia as Country’s Isolation Increases
The departure carries huge symbolic as well as economic weight because the fast-food chain was one of the first Western brands to set up shop in Russia when it opened a branch in Moscow’s Pushkin Square in 1990
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Which Latin American Countries Will Be Most Affected By the War In Ukraine?
Russia’s invasion could have the severest economic effects on El Salvador and the Dominican Republic, while Bolivia and Ecuador are among the region’s countries that may be less affected
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Bolivia Can’t Afford to Isolate Itself, Former VP Candidate Says
Gustavo Pedraza, an analyst and former candidate for vice president, talks to Bloomberg Línea about the war on Ukraine's economic impact, and of La Paz's failure to condemn Russia’s invasion
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Yellen-Led G-20 Walkout Shows Decline of World’s Premier Economic Club
The Group of 20 failed this week to issue a joint communique following a meeting of its finance ministers and central bank chiefs in Washington
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Egypt Turns to Latin America, Asia as War Curbs Russian Tourism
Egypt is looking to attract more visitors from Latin America and Asia while enabling new international flights to a main resort as it tries to limit the blow to its key tourism industry from Russia’s invasion of Ukraine
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Russia Has Found No Place Yet to Invest Reserves After Sanctions
Russia’s central bank conceded it’s found no clear alternatives to the world’s major reserve currencies after sanctions over the war with Ukraine left it in possession of only yuan and gold
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Half of Harvests in Crop Giant Ukraine Could Be Wiped Out by War
Russia’s invasion is happening at a crucial time for crops, when Ukrainian farmers have just started planting corn and sunflowers
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EU Nations Have Frozen More Than $32 Billion in Russian Assets
The frozen assets include boats, helicopters, real estate and artwork valued at almost 6.7 billion euros