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UK arm of Russian bank unable to pay debts after being cut off from banking facilities
Lazard has been appointed to sell country’s largest telecoms company
Western sanctions have hit VTB hard, but its leader’s wry sense of humour is intact
Share placement in diamond miner kicks off privatisation programme to plug budget deficit
First international sale since western sanctions attracts buyers from US, Europe and Asia
Row over Mozambique paper highlights dangers of EM capital markets
Mozambique’s $850m ‘tuna bond’ acts as a cautionary tale of the downside of the sector’s boom
Investment arm of sanctioned Russian bank seeks as much as 70% of Italian fashion house
President rules out capital controls for country
Closed by central bank, it has not repaid holders of a $150m bond
RTS index is third-best performer in world over past three months
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