The White House Says It Could Be the First Set of Sanctions

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Three of the biggest global professional service groups announced their exit or suspension of business in russia. Theyare the latest western companies to flee the country in the wake of moscow invasion of ukrane. Andrew edgecliff johnson is following this and has the details.

Western brands flee Russia, global commodities soar as Putin intensifies his attack on Ukraine, and the US announces new sanctions on Russian oligarchs and their families. Plus, Accenture, McKinsey and Boston Consulting Group are the latest companies to flee or suspend operations in Russia.

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Mentioned in this podcast:

US announces new sanctions on Russian oligarchs and their families

Commodity prices soar to highest level since 2008 over Russia supply fears

Western brands flee Russia in unravelling of ‘capitalistic diplomacy’

War in Ukraine: free to read

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

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