Transcripts for BBCNEWS Talking Business 20220321 03:34:00 :

BBCNEWS Talking Business March 21, 2022 03:34:00

huge losses in ukraine both in terms of billions of dollars of military equipment, thousands of lives lost, the us estimates that 7000 russian soldiers died. but sanctioning the oligarchs and these moves against the russian economy, i think that's going to take a little bit more time to feed through. you've spoken to somebody who is a russian living in london this week. what is his experience? as he felt it directly? yes, i interviewed mikhail, a billionaire born in ukraine that made his money into russia and who lives in london while running a private equity firm. he was sanctioned by the eu on the 20th of february and then again by the uk in the most recent round of sanctions and as a result he has no access to cash. he is a billionaire without money essentially.

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