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⍰ ASK What are the implications of economic sanctions on offshore companies in Russia?

Economic sanctions on Russian offshore firms can create big problems. Firs they stop these companies from using worldwide financial systems, making it hard for them to do global deals.

This can make it tough to get money, trade, and attract foreign investors. Also, sanctions can make people around the world not trust Russian offshore companies, and this hurts their reputation.

Banks might not want to works with companies connected to these sanctions, making it even harder to get important financial services.
 

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