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Business Arena 10.03

In Friday’s episode of Business Arena: the latest financial data on the Russian budget for January and February is out, and the previous statements by the Kremlin that Russia has not been hit by sanctions now look a lot less plausible. TVP World invited political analyst Jason Jay Smart to discuss the current financial and political situation in Russia. Also in the program, we discussed Silicon Valley Bank Financial Group’s hasty fundraising, which sent shockwaves across the industry.

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