Ukraine

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"We're not getting responses to calls or emails on deals that are supposed to close within weeks," one source at a Russian company told CNBC, speaking about Western companies whom they are supposed to buy goods from. "There have also been numerous anecdotal reports of orders for goods and services to and from Russia being canceled and of a number of financial transactions being halted or at least delayed," Stephen Leach, emerging market economist at Citi, pointed out.

Russia sanctions: Who’s losing out so far