Do You Really Want to Do Business in Russia?

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The Russian crisis has led to a sharp drop in the rouble's value and interest rates. Ed says many companies are concerned about their reputational risk if they do business with russia. He asks how much of this is just par company looking for good par, and how much is more serious?

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.

Read a transcript of this episode on FT.com

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