Financial Screws Turned on Russia As Insurers Exit

Terrain crack - Ukraine/Russia

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 investments in Russia and halting the provision of their… Continue reading Financial Screws Turned on Russia As Insurers Exit