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France 24

As Western firms cut ties with Russia, Kremlin signals it could seize assets

Russia International Monetary Fund Ukraine

A growing share of Western firms are cutting ties with Russia. © FRANCE 24

The growing exodus of Western firms has upset Russian consumers, while authorities are weighing up the possibility of temporarily taking over firms with large shares of foreign ownership. We take a closer look. Also, the IMF warns that rising commodity prices due to the war in Ukraine could hurt developing nations in particular, and investors grapple with market volatility.

>> Watch our full interview: IMF deputy head says war in Ukraine has provoked 'deep humanitarian, economic crisis'

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