Thanks for joining me. Western companies trying to exit Russia will effectively face capital controls that could mean they face long delays or losses on the sales of assets in the country.
Businesses will either have to agree for a sale price in roubles or be hit with long waits or losses on the amounts that can be transferred abroad, according to the Financial Times.
5 things to start your day
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4) Big Tech is stoking fears over AI, warn scientists | Critics say tech giants’ endorsement of regulation is designed to hamper industry upstarts
5) Unilever to freeze chief executive’s pay after shareholder…