Transcripts for BBCNEWS World Business Report 20220228 05:40

BBCNEWS World Business Report February 28, 2022 05:40:00

button. it is not quite there yet but certainly heading i button. it is not quite there yet but certainly heading in | yet but certainly heading in that direction in terms of the expected announcement is expected announcement is expected to x do and involve many banks but not all. it is a condiment left open by which measure can make foreign payments. there is avenue left so that russia can continue exporting oil and gas and commodities but nevertheless it is extremely serious blow and unprecedented for an economy of this size. �* ., ., , ., this size. and for european subsidiaries _ this size. and for european subsidiaries of _ this size. and for european subsidiaries of these - this size. and for european | subsidiaries of these banks, sberbank—cib is being quoted in many articles, what does it mean for them? we many articles, what does it mean for them?— many articles, what does it mean for them? we want to see whether sberbank _ mean for them? we want to see whether sberbank is _ mean for them? we want to see whether sberbank is on - mean for them? we want to see whether sberbank is on that - whether sberbank is on that list or not but for the financial system in russia, it is now under severe strain. difficult to imagine what we are now looking at in terms of scenarios. we have never seen this before so as you said,

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