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Barings

2024 Top 500 ranking: 74

War Distress Hasn’t Derailed Western Growth Yet

Barings - War distress

The U.S. announced a new list of penalties against Russian elites, lawmakers, and entities, and there are discussions about imposing sanctions on Russia’s gold reserves—though not yet passed. Meanwhile, the EU and G7 are expected to announce further restrictions on business in Russia.

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