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Sanctions have clobbered Russian firms.
That leads Russian firms to take their savings elsewhere.
Russian firms are listed on foreign stock exchanges.
There is a lengthening queue of troubled Russian firms.
The rules limit Russian firms' access to American debt markets.
Western sanctions have closed capital markets to Russian firms, even private ones.
Exactly which Russian firms could be caught up in the latest American sanctions is unclear.
That was especially useful in December, when Russian firms faced a mound of debt repayments.
Russian firms have been buying up Ukrainian assets, particularly in energy.
Rusal, an indebted aluminium producer, is among the Russian firms most exposed to this.
A few billion euros in return for Cypriot stability could be decent value for Russian firms.
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CEO of Professional Science Editing for Scientists @ prosciediting.com