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Prime money markets funds are in trouble

FT News Briefing

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Court Ruling Challenges Sanctions Against Russian Oligarchs

This chapter explores a court ruling that favors Russian oligarchs Piotr Avin and Mikhail Friedman in their challenge against sanctions imposed after Russia's invasion of Ukraine. It highlights the insufficiency of evidence linking them to the Kremlin, prompting broader discussions about the EU's sanctions policy and the necessity for more robust evidence in future cases.

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